HomeMarketsU.S. EconomyOrr: Gear Up for Santa Claus Rally Post-Christmas

Orr: Gear Up for Santa Claus Rally Post-Christmas

Steven E. Orr says to get ready for the trading day after Christmas, when he expects a Santa Claus rally to kick in through the end of the year. With markets at all-time highs and plenty of money still on the sidelines, he thinks the melt-up this year could stand out. He highlights rotation in markets right now but thinks fund managers and investors will pile back into tech before the end of 2025. Steven looks ahead to 2026 and what he thinks investors should be watching.

Market On Close

12 Dec 2025

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