Will Santa Rally The Emini Futures?
Santa Claus Rally And The Emini Futures
From a historical perspective the odds of a Santa Claus Rally are good. How good?
- Over the past 20 years December has posted positive gains 80% of the time.
However, with John "Thelma" Boehner and Harry "Louise" Reid barreling our economy towards the Fiscal Cliff, the odds may have shifted in favor of the Grinch this year.
10 years bonds currently yield 1.6%. If the bond bull were to stumble and yields went to 3% we could have a very different situation on our hands very quickly.