Trends and the Santa Claus Rally; stock market insiders are ending the year on a high note
The Nasdaq Composite (NASDAQINDEX: ^IXIC) has advanced 34% year to date, and history says that momentum may carry into 2025. Since its inception in 1971, the Nasdaq has returned at least 20% in 20 years, and at least 30% in 12 years. After a 20%-plus gain in a calendar year: The Nasdaq has returned an average of 17% during the next year.