What Happens To S&P 500 When Santa Rally Fails? Strategist Says 'Don't Stop Believing In Santa' - SPDR S&P 500 (ARCA:SPY)

Despite historical data warning that a missing “Santa Claus Rally” can signal trouble, Chief Market Strategist of Carson Research, Ryan Detrick, is urging investors to stay optimistic as the S&P 500 hovers just shy of hitting a new all-time high.Resilience Near All-Time HighsWith the official holiday trading period set to begin Wednesday, Detrick notes that while failed rallies are a concern, the market’s recent resilience suggests “Santa” hasn’t abandoned Wall Street yet.In a post on X on Monday, Detrick h ...