{"id":453543,"date":"2025-12-17T16:02:19","date_gmt":"2025-12-17T16:02:19","guid":{"rendered":"https:\/\/www.europesays.com\/us\/453543\/"},"modified":"2025-12-17T16:02:19","modified_gmt":"2025-12-17T16:02:19","slug":"will-there-be-a-santa-claus-rally-sp-500-says-maybe-not","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/453543\/","title":{"rendered":"Will there be a Santa Claus rally? S&#038;P 500 says maybe not"},"content":{"rendered":"<p>Sad news: Santa Claus may not be coming to town after all. BTIG chief market technician Jonathan Krinsky pointed out that the S &amp; P 500 is trying to hold above its 50-day moving average of about 6,767. The benchmark closed Tuesday trading at 6,800 but hit an intraday low of about 6,760. &#8220;It was about a month ago when SPX had gone ~7 months without closing below its 50 DMA. It could now potentially close below it again after failing to make a new high during the December rally,&#8221; Krinsky wrote, referring to the 50-day moving average. &#8220;That&#8217;s a subtle, but notable change in character.&#8221; The S &amp; P 500 has yet to top its intraday all-time high of 6,920 set Oct. 29 \u2014 despite setting record closing highs in December. On top of that, recent weakness has put the index down 0.7% during a historically strong month. The S &amp; P 500 averages a 1.4% gain in December, according to data from the Stock Trader&#8217;s Almanac. December also features the start of the so-called Santa Claus rally, which runs across the last five trading days of the month and the first two of January. During this period, the S &amp; P 500 sees an average gain of 1.2%, per the Almanac. But with the S &amp; P 500 struggling to stay above its 50-day moving average and the recent weakness seen in the benchmark, there&#8217;s a possibility Santa Claus may skip Wall Street this year. &#8220;We think it probably holds the 50 DMA for now. Another test in the coming days, however, would likely result in a bigger breakdown,&#8221; Krinsky wrote. The lack of a Santa rally wouldn&#8217;t bode well for the stock market in the new year either. &#8220;Santa&#8217;s failure to show tends to precede bear markets, or times stock could be purchased later in the year at much lower prices,&#8221; the Almanac said.<\/p>\n","protected":false},"excerpt":{"rendered":"Sad news: Santa Claus may not be coming to town after all. BTIG chief market technician Jonathan Krinsky&hellip;\n","protected":false},"author":3,"featured_media":453544,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[81,171,3346,145,134,67,132,68],"class_list":{"0":"post-453543","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-entertainment","8":"tag-business-news","9":"tag-entertainment","10":"tag-investment-strategy","11":"tag-sp-500-index","12":"tag-stock-markets","13":"tag-united-states","14":"tag-unitedstates","15":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115735753406495612","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/453543","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=453543"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/453543\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/453544"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=453543"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=453543"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=453543"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}