December 22 Week: Investor Calendar and Market Developments

Investor Calendar for the Week of December 22

In the finance world, the week of December 22 holds a series of developments that investors should pay attention to. This week, significant events are anticipated, including the historically profitable Santa Claus rally, dividend dates, and the rebalancing of the S&P 500 Index.

What is the Santa Claus Rally?

The Santa Claus rally is a calendar effect that can be statistically observed. When examining trading data dating back to 1950, the average gain over the last 7-day period of the year ranges from 1.3% to 1.4%. This rate shows a remarkable increase compared to other periods in the markets.

Dividend Agenda

This week, another noteworthy aspect is the stocks for which dividend rights will be granted. Dividend dates for companies such as Broadcom (AVGO), Vistra Energy (VST), Altria (MO), and Philip Morris (PM) will be monitored. This situation presents potential income opportunities for investors.

Changes in S&P 500 and Nasdaq 100

This week, CRH plc (CRH), Carvana (CVNA), and Comfort Systems USA (FIX) will be added to the S&P 500 Index, while LKQ Corporation (LKQ), Solstice Advanced Materials (SOLS), and Mohawk Industries (MHK) will be removed. Additionally, changes in the Nasdaq 100 will see companies such as Alnylam Pharmaceuticals (ALNY), Ferrovial SE (FER), and Insmed (INSM) changing places.

Important Votes

Throughout the day, Electronic Arts (EA) shareholders will vote on a buyout proposal led by the Saudi Arabian Public Investment Fund. Similarly, TrueCar (TRUE) shareholders will evaluate Fair Holdings' proposal to acquire the company.

Market Monitoring

This week, coming right after the Christmas holiday, is characterized by low trading volumes. In the past, fluctuations in stock prices have been observed during such periods. Another point for investors to be cautious about is disappointing commercial performances and unexpected market sentiments.

Lastly, the U.S.'s third-quarter GDP data and durable goods orders for November will also be released. All these developments are among the important factors that will affect your investment decisions.