Business
ASX shares to own now for the Santa Claus rally of all time – Motley Fool Australia
Have you done your ASX share Christmas shopping yet? Here’s why now’s the time to get set for a potential record Santa Claus rally.
Okay. We’re a bit early with this one. Almost three months early, in fact. But as long-term investors, it pays to look ahead and position your portfolio of ASX shares accordingly.
What we’re looking ahead to is Christmas 2020. Specifically, the three or so trading weeks before Christmas.
That’s because in the runup to Christmas, ASX share prices have a tendency to rise. You may have heard this referred to as the Santa Claus rally.
Why do share prices often rise in the weeks before Christmas?
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