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Buy Hold Sell is a fast-paced business and investing podcast, bringing you stock tips and investment ideas every Friday and every second Monday. Join us as we quiz Australia’s top fund managers and investment analysts on a range of local and global stocks, as well as ETFs. Learn about the forces moving equities markets, the potholes you should avoid, and the companies going from strength to strength - all in 10 minutes or less. Whether you are new to investing or a seasoned professional, this podcast will get you thinking differently about markets.
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Friday Dec 02, 2022
Friday Dec 02, 2022
It's beginning to look a lot like Christmas. Glittering trees adorn every office, the local bars and restaurants are palpable with cheer, and workers are prepping for a well-earned break after what has been a very unusual few years.
But can we expect a Santa Rally into the new year?
Well, according to the Wall Street Journal, the S&P 500 has risen 73% of the time in December since 1928, delivering a 1.4% gain on average. Even the tech-heavy NASDAQ has risen 61% of the time during the month since 1971, recording an average return of 1.7%.
But what about the ASX? Here, Bell Direct's Grady Wulff was joined by Blackmore Capital's Marcus Bogdan and Firetrail Investments Blake Henricks for their analysis of five stocks poised for a possible Santa Rally into the new year.
Note: This episode was filmed on Wednesday 23 November 2022. You can read an edited transcript below:
https://www.livewiremarkets.com/wires/buy-hold-sell-5-stocks-for-a-santa-rally/
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