• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
February 8th - Currently, the red envelope codes from Alibabas Qianwen app and Tencents Yuanbao can be copied within WeChat. Previously, on the afternoon of February 6th, WeChat "blocked" Qianwen activity codes; some users who shared Qianwen red envelope codes to WeChat found that even after selecting the code, the WeChat page did not display a copy button. Yuanbao codes were also temporarily blocked.February 8th - "Currently, new funds deposited in three-year fixed deposits can enjoy an interest rate of 1.95%, which just came into effect a few days ago, an increase of about 10 basis points compared to before," a wealth management manager at a Ningbo Bank branch in Beijing told reporters. Recently, reporters visited and contacted several banks and learned that, with the Spring Festival approaching, many banks are launching special deposit and large-denomination certificate of deposit products, and are temporarily raising deposit interest rates.February 8th - According to China Railway Construction Corporation, Chinas "undersea space station" has been successfully applied. On the morning of February 6th, the worlds longest undersea high-speed railway tunnel made new progress. After 22 days of operation, Chinas first domestically developed shield tunneling machine with saturated pressure entry, the "Deep-Sea Space Station," successfully completed its debut on the Ningbo side of the Jintang Undersea Tunnel of the Ningbo-Zhoushan Railway, constructed by China Railway 14th Bureau Group. It successfully carried out shield tunneling operations at a depth of 75 meters in a high-pressure environment, replacing 46 cutterheads. This marks the successful application of my countrys independently developed shield tunneling saturated pressure entry technology, breaking through the 60-meter safe operating depth limit and continuing to explore depths up to 75 meters.The China Earthquake Networks Center officially reported that a magnitude 3.3 earthquake struck Beichuan County, Mianyang City, Sichuan Province at 11:01 AM on February 8th, with a focal depth of 14 kilometers.The China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 3.1 occurred near Beichuan County, Mianyang City, Sichuan Province at 11:01 on February 8. The final result is subject to the official rapid report.

S&P 500 Analysis: Santa Rally Coming to Town?

Eric Stanberg

Dec 23, 2022 16:20

微信截图_20221223161529.png

A Santa Rally is what?

Market analysts sometimes use the phrase "Santa Rally" to refer to either the full month of December or a much longer time frame.


The last week of December and the first two trading days of the new year are really referred to by this phrase. Markets gain value at that point.


According to research, the S&P 500 has seen a positive return over this particular 7-day span 79% of the time. No other comparable time frame has a greater likelihood of being higher.


It goes without saying that seasonality and calendar theories are not a certain technique to generate money since it is difficult to foresee the market conditions in any particular year.


However, the January impact, in which institutional investors put up positions for the next weeks as they get ready for the new year, may also be advantageous.


These kinds of investors could also rearrange their portfolios in order to close out losses from tax losses in December and then buy again in January.