As an easy-to-use, multi-asset investment platform, Pluang aims to navigate your 2023 investment journey, smartly and safely
The holiday season is here and investors are gearing up for the annual phenomenon known as the Santa Claus Rally. Every year, the stock market sees a surge in prices during the last five trading days of the year and the first two trading days of the new year – collectively known as the Santa Claus Rally. Historical evidence shows that since 1969, the S&P 500 has gained an average of 1.3% during this seven-day period. So, will Santa Claus come to the stock market this year? Only time will tell – but investors can be sure that there’s a good chance the stock market will rally around Christmas.
Some analysts believe the recent stock market rally was driven by investors looking to offload their loss-making positions before the end of the year to pay lower capital gain taxes. This is followed by those same investors buying back their stocks, causing stock prices to rebound.
Others point to retail investors taking advantage of bargains in the market and institutional investors taking a year-end break as the cause of the rally. But more often than not, the rally is simply the result of investors anticipating it. If history is any indicator, the next seven trading days could be an opportunity for investors to recoup losses from a tumultuous market in 2022. As the adage goes: Time in the market beats timing the market.
Navigate your 2023 investment journey smartly and safely
Introducing Pluang Plus, an exclusive priority service for Pluang’s most loyal VIP customers. With Pluang Plus, customers can enjoy the convenience and various exclusive benefits simply by keeping investment value above Rp100 million. Unlock the power of your wealth and get access to amazing privileges such as
- Get your questions answered quickly and conveniently with personalized support from Pluang’s Relationship Manager through the Pluang Plus ChatRoom.
- Unlock greater potential with its Leverage feature, allowing you to trade US Stocks CFD from initial capital with 2x buying power, giving you a better chance to maximize returns.
- Tap into powerful market insights from Pluang’s trusted media and investment management partners through Pluang Plus Headlines. Plus, you can stay up to date on-the-go with exclusive video podcasts from investment experts and fellow members through Pluang Plus Inspire.
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- Unlock a world of lifestyle rewards and VIP Special Offers through its specialized campaigns, such as Pluang Plus WonderBox. With each connection you make, you’ll be one step closer to taking your investments to the next level.
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