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  • 🎄 Why the Santa Claus Rally Could Lift the Market Into Year-End

🎄 Why the Santa Claus Rally Could Lift the Market Into Year-End

Plus, take a look at insider trading trends, and more

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Happy Thursday! The Santa Claus rally is back in focus as markets eye historical year-end gains, with the S&P 500 averaging 0.85% during December’s final days. Here’s why traders are betting on a festive finish for the markets. In other news, investors should monitor these insider trends as 2025 rapidly approaches.

—Josh Enomoto

Plus, if you’re looking to invest in the exciting sports betting ecosystem, check out today’s sponsor!

MARKET RECAP

Yesterday: Stocks rose ahead of the holiday as the Nasdaq led gains in quiet trading, while Treasury yields climbed to 4.6%, the highest since May. Despite a December dip, markets are set to post over 20% gains for the year, driven by tech, with expectations for continued growth in 2025.

On Our Radar: After analyzing the initial jobless claims earlier this morning, investors will turn to advanced retail inventories data to be released Friday morning.

TOP STORY

The Santa Claus rally is approaching, with markets anticipating a seasonal lift to close out the year, even amid the political discord.

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Sportradar Group is positioning itself at the intersection of the sports, media and betting industries. It is a global sports technology company that creates immersive experiences for sports fans and bettors by customizing analytics that are served up in real time as a game is being played, immersing the viewer in the action. The company reported third quarter 2024 earnings on Nov. 7. It expects that an expanded relationship with the NBA and the start of the 2025 hockey season could bolster its growth moving forward.

FIVE ZINGERS

Courtroom Clash: Earlier this week, Netflix went after Broadcom subsidiary VMware in a California court for allegedly infringing its patent rights. Read about Wall Street analysts' surprising response to AVGO stock despite the challenges.

Retail War: With Amazon and Walmart running head first into each other during the all-important fourth quarter, the e-commerce and tech juggernaut has made significant progress. Still, learn why Walmart's digital investments shouldn't be ignored.

Slow Chicane: Despite Tela enjoying a strong run this year, prominent investor Ross Gerber warned that the EV manufacturer must address a "critical safety issue" regarding its autonomous driving system. Discover what the expert is so worked up about.

Free Kick: Brera Holdings saw its shares pop substantially higher on Tuesday after it revealed its acquisition plans for a majority ownership interest in an Italian professional soccer club. Learn about the details of this intriguing deal.

Straight Talk: Kevin O'Leary of Shark Tank fame recently made the case that opposition to President-elect Donald Trump doesn't exclude appreciation for his economic policies. Here's why the entrepreneur is so bullish on "The Donald."

SPECIAL OFFER

Editor’s Note: Every Thursday, Benzinga Edge members receive the C-Suite Buy of the Week, a report by Tim Melvin detailing the insider buying that, unlike most, is actually worth paying attention to. Here’s a sneak peek at last week’s:

Insider activity is a little lower than normal for this time of year. We usually see a flurry of buying near the end of the year as insiders bulk up their holdings in anticipation of strong results over the next year. This has not happened this year.

The ratio of insider selling to insider buying is at very high levels, as insider selling has been somewhat elevated. Although we rarely take signals from individual insider sales, the buying and selling activity ratio can usually be informative. At the moment, it is at a level that has often led to technical conditions I like to call “Market Fall Down, Go Boom.” That is not surprising given the strong rally this year encouraging insiders to take some profits.

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