By: Jeff Cox
CNBC.com
With stocks on a seemingly relentless tear higher, the elves can go to the Bahamas and Rudolph can rest his red nose.So long as the dollar stays weak, the economy continues to show signs of improvement and no major geopolitical events explode on the horizon, most analysts think the market is headed higher regardless of a Santa Claus rally.Pope thinks the end-of-year rally will be more about Fed Chairman Ben Bernanke and Washington policy makers than about the North Pole's most famous resident.
Strictly speaking a Santa Claus rally is defined as a trend upwards in the week between Christmas and New Year's, when holiday buoyancy tends to lift markets higher. But market pros often use the term more generically to describe any type of rally that coincides with the holiday season.
http://www.cnbc.com/id/34222368
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