21 Dec Is Santa Claus Rally Happening?Â
Dear Traders, This is incredible! Last week on Friday, the S&P 500 ETF, $SPY, saw its biggest single-day capital inflow on record, at $20.8 billion. Dating back to the ETF's inception in 1993, this has never been seen. Total inflows last week alone hit $24 billion, also posting a new record. On Monday, $SPY saw ANOTHER $10 billion of inflows, putting the total at nearly $35 billion since last Monday. Everyone was sure the Santa Claus Rally was really happening. But...