The Santa Claus Rally Isn’t What You Think: Hirsch

It may not be the most disappointing thing you’ve ever heard in regards to Santa Claus, but Jeff Hirsch of Stock Trader’s Almanac has some disappointing news for those still waiting for the rally to save the markets of the same name.
“Everyone likes to say all sorts of year-end rally is the rally in Santa Claus,” says Hirsch. “The Santa Claus rally is the last five days of the year, plus the first two days of the next.”

Now that I feel like a dull draw for cookies and milk by the tree rally money in my living room for the last two weeks Hirsch is free to explain what should I do with this new information.
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Year-end tax saving strategies

Year-end tax saving strategies

With the end of 2011 fast approaching, now officially time to consider the possibility of some movement that will reduce tax bill this year. However, you do not want to take any action that could increase the 2012 tax bill by as much as you could save this year.

In this regard, the key question is whether you will make more money or more next year. The answer will determine your marginal bracket 2012 federal income tax, you need to know to make the best design work for the rest of this year.
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