December 22 Week: Investor Calendar and Market Developments

Investment Calendar for the Week of December 22

In the week of December 22, which holds significance for the financial world, there are several developments that investors should pay attention to. This week, alongside the historically profitable Santa Rally, important events such as dividend dates and S&P 500 Index rebalancing are anticipated.

What is the Santa Rally?

The Santa Rally is a calendar effect that can be statistically observed. Analyzing trading data going back to 1950, the seven-day period at the end of the year has provided an average gain of 1.3% to 1.4%. This rate shows a notable increase compared to other periods in the markets.

Dividend Agenda

This week, another notable aspect is the stocks that will go ex-dividend. 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 stocks such as LKQ Corporation (LKQ), Solstice Advanced Materials (SOLS), and Mohawk Industries (MHK) will exit the index. Additionally, there will be changes in the Nasdaq 100 with companies like Alnylam Pharmaceuticals (ALNY), Ferrovial SE (FER), and Insmed (INSM) altering their positions.

Important Votes

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

Market Tracking

This week, coming right after the Christmas holiday, is marked by low trading volumes. In the past, such periods have exhibited volatile movements in stock prices. Another area where investors should exercise caution is potential poor commercial performances and unexpected market sentiments.

Finally, macroeconomic data such as the U.S. third-quarter GDP figures and November durable goods orders will also be released. All these developments are among the important factors that will affect your investment decisions.