Can we expect seasonal buyers for the S&P500?
The so-called ‘Santa Rally’ is a strong time of year for the S&P500. Over the last 70 years, the S&P500 has gained between December 15 and January 01 for a total of 54 years. The average return has been +1.61%. The largest gain was a whopping +8.53%. Will vaccine optimism this year help investors?
Trade Risks: The main risk to this trade is if there is heavy equity selling or risk-off trading on any rising COVID-19 numbers.