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Finance Dictionary and Glossary of Investment Terms
Santa Claus rally
Definition 1.
The rise in stock prices that sometimes occurs in the week after Christmas, often in anticipation of the January effect.
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Definition 2.
A jump in the price of stock that often occurs the week between Christmas and New Year's. There are numerous explanations for this phenomenon, including tax considerations, happiness around Wall Street, and the fact that the pessimists are usually on vacation this week.
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