Author

admin

Browsing

The holiday season brings more than festive cheer, as for investors, it may signal the start of the so-called Santa Claus rally.

The Santa Claus rally is a period between the final trading days of December and the first days of January when stocks tend to climb. While this seasonal uptick isn’t guaranteed, historical data shows that markets rise more often than not during this window, driven by investor optimism, low trading volumes and year-end portfolio adjustments.

Historically, the last five trading days of December and the first two of January have been a period of above-average stock gains, offering a short, sharp rally for markets heading into the new year.

According to the Stock Trader’s Almanac, the Santa Claus rally has delivered an average gain of 1.3 percent for the S&P 500 (INDEXSP:.INX) since 1950. The phenomenon was first documented in 1972 by Yale Hirsch, founder of the Almanac, and continues to shape investor expectations today.

As for whether 2025 will deliver a Santa Claus rally to close out the year, after a choppy first half for December, markets have shown signs that a late-year recovery is possible.

When does the Santa Claus rally start?

The Santa Claus rally typically occurs over the final five trading days of December and the first two trading days of January. For 2025, the rally window begins on Wednesday, December 24, and runs through Monday, January 5, if historical patterns hold.

This narrow window often yields modest, yet consistent, returns for investors who time the market correctly.

While the rally’s timeframe is traditionally short, its effects can ripple through the market into early January. Essentially, a strong performance during this period can set the tone for January.

However, the exact timing of the Santa Claus rally can vary. Some analysts suggest that the rally has started earlier in recent years as investors attempt to front run the effect by increasing their positions in mid-December. This shift may blur the lines between the Santa Claus rally and broader December market upswings.

Will 2025 deliver a Santa Claus Rally?

This year, the S&P 500 fell during the middle of the month following a cooler-than-expected, albeit controversial, inflation report, which raised hopes for additional interest-rate cuts next year.

Despite this downturn, analysts note that a weak start to December has often failed to derail Santa’s run. Since 1950, the S&P 500 finished the Santa Claus rally period higher in 77 percent of years, even after early-month declines. By the end of the week, the index had already regained some ground, and it continued higher in the days leading up to Christmas.

“Barring any major shocks, it will be hard to fight the overwhelmingly positive seasonal period we are entering and the cleaner positioning set-up,” Goldman Sachs’ (NYSE:GS) trading desk team wrote in a note to clients, as reported by Bloomberg. ‘While we don’t necessarily see a dramatic rally, we do think there is room to go up from here into year end.”

Jeffrey Hirsch, editor-in-chief of the Stock Trader’s Almanac and Yale Hirsch’s son, also weighed in on the markets.

“It looks like (the Santa Claus rally) is set up and we can make another high by the end of the year,” he told MarketWatch. Hirsch cited cooler inflation readings and slower job growth in November, which may give the Federal Reserve room to cut interest rates in 2026.

It remains to be seen whether these predictions will come true, or if the market will be weighed down by factors including recent volatility in technology and artificial-intelligence-linked stocks.

Is the Santa Claus rally reliable?

Despite skepticism in some quarters, historical data supports the existence of the Santa Claus rally, and it is well documented.

Historically, the Santa Claus rally has been a relatively consistent period of gains. That said, historical patterns do not guarantee results, and not every year delivers the expected results. The S&P 500 lost about half a percentage point during the Santa rally period in 2024, and consecutive losses are rare but possible.

Columnist Mark Hulbert has expressed skepticism about the event in the past, noting that there is no definitive evidence that the market consistently outperforms during this period.

“An analysis of the past century reveals that the stock market in the weeks prior to Christmas is no more likely to rally than at other times of the year. (I suggest investors) ignore any arguments based on an alleged Santa Claus Rally,” Hulbert warned in an opinion piece posted on MarketWatch in 2018.

In 2019, for example, the market experienced volatility in December, defying the usual pattern.

In a December 2025 interview with CNBC, Jeffrey Hirsch cautioned that failure to rally is not an immediate bear-market signal, but rather “a flag to start looking at the other data — whether it’s seasonal indicators or other fundamental or technical measures.”

Despite the varying takes, many investors view the rally as a psychological phenomenon — one that influences market sentiment even if the returns are marginal.

Strategies for the Santa Claus rally

Now that the Santa Claus rally seems to be underway, investors interested in joining in have a variety of options, including domestic markets, international diversification or targeted sector plays such as mega-cap tech stocks.

As always, consulting with a financial advisor and conducting thorough research remains essential. While the Santa Claus rally offers potential rewards, market conditions can shift quickly, making flexibility and prudence key to success.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Altius Minerals (TSX:ALS,OTCQX:ATUSF) is making a bet on a lithium market recovery, agreeing to acquire Lithium Royalty (TSX:LIRC) in a C$520 million deal that will expand its exposure to battery metals.

Under a definitive agreement announced by the two companies on Monday (December 22), Altius plans to purchase all of the issued common and convertible common shares of Lithium Royalty for C$9.50 each.

The amount will be paid as either C$9.50 in cash or 0.24 of a common Altius share, according to shareholders’ election.

For Altius, the acquisition will allow it to bring a portfolio of 37 lithium royalties into its fold. None of them involve streams, and they span projects from production through early exploration.

Four of the royalties are tied to producing assets, three of which were commissioned in 2025 and are currently ramping up or expanding. Another 12 projects are in advanced stages with completed economic studies, while three to five additional assets are targeting startup between 2026 and 2030.

The company said the portfolio is geographically concentrated in lower-risk jurisdictions, with most assets located in Canada, Australia and South America, and diversified across both brine-based and hard-rock lithium production.

At the current spot price, Altius expects the acquired royalties to contribute between US$29 million and US$43.7 million in annual revenue by the end of the decade. Lithium carbonate equivalent prices fell to multi-year lows in 2025, holding below US$9,000 per metric ton for most of the year, even as demand continues to expand beyond electric vehicles.

Altius said global lithium demand is expected to exceed 1.5 million metric tons of lithium carbonate equivalent in 2025, with supply deficits potentially re-emerging as early as 2026 after years of oversupply.

Altius Chief Executive Brian Dalton said lithium has “emerged as a mainstream scale mined commodity,” and described the acquired portfolio as featuring “very long resource lives,” strong cost positioning and low jurisdictional risk.

A special shareholders’ meeting is scheduled to happen no later than March 10, 2026.

If approved, the deal is expected to close in the first quarter of 2026, after which Lithium Royalty shares will be delisted and the company will cease to be a reporting issuer in Canada.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Sacramento Kings guard Malik Monk has seemingly fell out of the rotation after playing less than five minutes in the team’s 125-124 win against the Houston Rockets.

Before that in back-to-back losses versus the Portland Trail Blazers, Monk did not play as part of a coach’s decision on Dec. 18 and 20.

Kings head coach Doug Christie told reporters following the Houston game, where he logged 4 minutes and 50 seconds, that he told Monk he appreciates him for ‘being a pro’ regarding his frustration about not playing.

‘That’s part of what it is to be a part of a team and a good teammate. It was big time for him,’ Christie said. ‘It was five minutes, but they were a really good five minutes that we needed and he supplied it.’

Monk, an eight-year NBA veteran who’s in his fourth season with Sacramento, is averaging 12.5 points in 23 minutes per game, the lowest scoring output in his Kings tenure. In five minutes against the Rockets, he scored two points.

He told The Sacramento Bee in an interview that he is ‘1,000% confused’ at the recent change in his playing time.

‘It’s not my job to try to figure out why I’m not playing because I deem myself more than the whole,’ he said. ‘So I’ll just be ready when my name is called. I’ve been in the league long enough where I don’t let this stuff get to me. Everybody knows I want to be out there, especially playing in front of this crowd in Sac, but there ain’t (expletive) I can do about it.”

Given the recent turn of events, combined with the Kings 7-22 record, there could be signs that Monk is out the door.

Sacramento Kings: news, stats, trade rumors and more

Malik Monk rumors: Could Malik Monk be traded?

Monk could be in some of his final days suiting up as a Sacramento King.

According to senior NBA insider Chris Haynes, Monk has been available for trade ahead of the Feb. 5 deadline.

Kings trade rumors

With their lackluster start to the season and a boatload of veteran contracts, the Kings plan to offload many contracts via trades. Monk, who is owed $18 million this year and $41.7 million through 2028, isn’t the only one.

So far, rumors have swirled that Sacramento could also be looking to depart from veteran players such as Zach LaVine. DeMar DeRozan, a Compton-native, has drawn interest from the Los Angeles Clippers, according to The Athletic. And although teams have expressed interest in Kings forward-center Domantas Sabonis, he remains committed and plans to stay in Sacramento.

Another player whose name has been thrown into trade talks is fourth-year guard Keon Ellis. Ellis is in the final year of his contract and will be a free agent looking for a big payday in the summer of 2026.

This post appeared first on USA TODAY

Western Kentucky football offensive lineman Elijah Williams was carted off the field during the first quarter of the New Orleans Bowl on Tuesday, Dec. 23.

Williams appeared to have sustained a lower left leg injury at the end of a run on second down where he got rolled up on by Hilltoppers running back La’Vell Wright. He immediately went down on the field at Caesars’ Superdome in New Orleans and was tended to by members of Western Kentucky’s medical staff. Williams had an air cast put on his left leg.

He was then carted off, where he was seen giving a thumbs-up to those inside the stadium. ESPN’s Ian Fitzsimmons mentioned on the broadcast during a second-quarter hit that Williams underwent X-rays in the stadium and sustained a lower-leg injury.

The 6-foot-2 redshirt freshman offensive lineman was moved into the starting center position on Western Kentucky’s offensive line for the New Orleans Bowl against Southern Miss, according to ESPN’s broadcast.

Here’s the latest on Williams:

Elijah Williams injury update

Williams sustained an apparent leg injury in the first quarter of the New Orleans Bowl after getting rolled up on during a run play. ESPN’s broadcast mentioned that he was talking to members of Western Kentucky’s staff as he was being tended to on the field.

Fitzsimmons mentioned on the ESPN broadcast that after speaking with Williams’ parents at the stadium, Williams was seen with both hands over his face coming out of the X-ray room and was in ‘a lot of pain.’

‘It’s a lower leg injury, meaning his left ankle, left foot are in an air cast. If they do take him to a hospital, it’ll be to University Medical Hospital, which is a Level 1 Trauma Facility that’s only 0.7 miles away here from the Superdome,’ Fitzsimmons said on the broadcast.

This story will be updated

The USA TODAY app gets you to the heart of the news — fastDownload for award-winning coverage, crosswords, audio storytelling, the eNewspaper and more.

This post appeared first on USA TODAY

An emotional Boca Raton Bowl between Louisville and Toledo finally boiled over in the waning moments.

As the Cardinals tried to kill the clock within the last two minutes of the game up 27-22, Isaac Brown was seemingly hit late out of bounds by linebacker K’Von Sherman.

The Louisville bench took issue with the hit, and a dust-up ensued, with multiple players getting involved in a scrum.

Several minutes and innumerable shoves later, offsetting unsportsmanlike conduct penalties were called. Notably absent was a call for a late hit, implying Sherman’s hit was within the field of play in the eyes of the officials.

Earlier in the quarter, Louisville linebacker Clev Lubin was ejected for targeting, adding a punctuation mark to what had been a physical game. The scrum to end the game ultimately amounted to nothing, with Louisville successfully killing the clock to win 27-22. In the final moments, Toledo was flagged for a delay of game for interrupting a snap on a kneeldown by Louisville, but the final moments of the game were otherwise without incident.

This post appeared first on USA TODAY

(TheNewswire)

   

Vancouver, British Columbia / December 23, 2025 ‑ TheNewswire – Harvest Gold Corporation (TSXV: HVG,OTC:HVGDF) (‘Harvest Gold‘ or the ‘Company‘) is pleased to announce the completion of its maiden drill program on the northern and central areas of Mosseau, its flagship project in Quebec’s Abitibi Urban Barry belt, the home to Gold Field’s Windfall deposit. Further is a summary of the advancements made on Harvest Gold’s district scale land package in 2025.

Harvest Gold President and CEO, Rick Mark, states: ‘Looking back, it has been a very busy and successful year advancing our three property, district scale land package in the Quebec Urban Barry belt. We could not have done it without the ongoing support of our largest shareholder, Crescat Capital, who now owns approximately 19.9% of Harvest Gold, and all the other investors who participated in our three private placements this year. I also want to recognize Louis Martin, who has led our excellent geological team and managed the various exploration and drilling programs conducted in 2025. We are very much looking forward to 2026’.

MOSSEAU

Harvest Gold completed 21 diamond drill holes totaling 4,692 metres on the Mosseau property. Drilling targeted the northern and central areas of the property. Assay results for the northern drill holes have been received and have either been reported or are currently being compiled. Assay results from the central portion of the property are pending, with complete results from both areas expected in January.

Diamond drilling was carried out by Forage Rouillier Drilling of Amos. Drill supervision and core logging were completed by Explo-Logik, and drill core analyses were performed by AGAT Laboratories.

Additional work on Mosseau completed in 2025 included expanded magnetic coverage flown by Novatem over newly staked claims adjoining the Mosseau Property and a second phase of prospecting and a soil sampling program by IOS.

URBAN BARRY

A regional, property-wide reconnaissance till sampling program was completed by IOS in 2025. Results are pending and are expected in January 2026.

LaBELLE

A property wide high-resolution airborne magnetic survey flown by Novatem was completed over the Labelle property. This survey confirmed the extension of the Kiask River Corridor across the property. A prospecting and soil survey was also completed over the western part of the property. Results are pending and are expected in January 2026.

FINANCING

In 2025, the Company raised a total of $3,429,299.89 in three non-brokered private placements to fund exploration activities on its three properties in Quebec’s Urban Barry belt.

About Harvest Gold Corporation

Harvest Gold is focused on exploring for near-surface gold deposits and copper-gold porphyry deposits in politically stable mining jurisdictions. Harvest Gold’s board of directors, management team and technical advisors have collective geological and financing experience exceeding 400 years.

Harvest Gold has three active gold projects focused in the Urban Barry area, totalling 377 claims covering 20,016.87 ha, located approximately 45-70 km west of Gold Fields Limited’s – Windfall Deposit.

Harvest Gold acknowledges that the Mosseau Gold Project straddles the Eeyou Istchee-James Bay and Abitibi territories.  Harvest Gold is committed to developing positive and mutually beneficial relationships based on respect and transparency with local Indigenous communities.

Harvest Gold’s three properties, Mosseau, Urban-Barry and LaBelle, together cover over 50 km of favorable strike along mineralized shear zones.

Qualified Person Statement

All scientific and technical information in this news release has been prepared and approved by Louis Martin, P.Geo., Technical Advisor to the Company and considered a Qualified Person for the purposes of NI 43-101.

ON BEHALF OF THE BOARD OF DIRECTORS

Rick Mark
President and CEO
Harvest Gold Corporation

For more information please contact:

Rick Mark or Jan Urata
@ 604.737.2303 or
info@harvestgoldcorp.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Information

This news release includes certain statements that may be deemed ‘forward looking statements’. All statements in this news release, other than statements of historical facts, that address events or developments that Harvest Gold expects to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur.

Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

Attorneys for Miami Heat guard Terry Rozier are asking a federal judge to dismiss the two felony charges he’s facing for his alleged role in the NBA’s wide-ranging gambling scandal, according to a new motion filed on Rozier’s behalf.

Rozier’s attorney, Jim Trusty, wrote in court documents provided to USA TODAY Sports on Tuesday, Dec. 23, that federal prosecutors in the case are overreaching and going against recent Supreme Court precedent by charging Rozier with conspiracy to commit wire fraud and money laundering in the alleged scheme. Trusty instead argued the federal government is attempting to ‘enforce its view of integrity in sports wagering’ and that the allegations are a violation of the wagering rules set by state-licensed betting companies.

Rozier’s side wants the charges thrown out by the U.S. District Court for Eastern New York since this is conduct traditionally regulated at the state level. Rozier was arraigned on Dec. 9 and pleaded not guilty to both charges in federal court in Brooklyn.

‘The government has billed this case as involving ‘insider betting’ and ‘rigging’ professional basketball games,’ Trusty wrote. ‘But the indictment alleges something less headline-worthy: that some bettors broke certain sportsbooks’ terms of use against wagering based on non-public information and ‘straw betting,” Trusty wrote, in reference to the practice of one person placing bets on another’s behalf.

The 2025-26 NBA season began with the startling revelation that Rozier, Portland Trail Blazers coach Chauncey Billups and former NBA player Damon Jones had been arrested in connection with two federal indictments related to illegal gambling on games and rigged poker games that had Mafia ties.

Federal authorities allege the extensive scheme spanned years, and there are more than 30 co-defendants accused in the case along with these prominent NBA figures. Rozier has only been charged in the indictment involving illegal gambling on games, though authorities said in October that the investigation is still ongoing. Rozier was placed on immediate and indefinite leave from the Heat until the situation is resolved and NBA commissioner Adam Silver told reporters last week the league will look into the possibility of giving Miami some sort of ‘satisfactory relief’ since Rozier can’t play and he’s earning $26.6 million against the salary cap this season.

The 31-year-old is accused of being part of an illegal betting scheme by alerting gamblers he intended to fake an injury in order to make money off a prop bet related to his performance in a game when he played for the Charlotte Hornets.

Prior to a March 23, 2023, game between the Hornets and New Orleans Pelicans, according to the federal indictment, Rozier told co-defendant Deniro Laster that he planned to prematurely remove himself from the game in the first quarter due to injury and not return to play. Rozier had not been listed on the injury report.

Federal authorities allege Laster then sold the information to co-defendant Marves Fairley, and more than $200,000 in prop bets were subsequently placed on Rozier’s ‘unders’ for the game. Rozier played 9 minutes, 34 seconds for the Hornets in the game before leaving with an injury and finished ‘under’ his prop bet totals for points, assists and 3-pointers.

The indictment also states that once Laster collected his cut of the winnings from Fairley in Philadelphia, he drove from Philadelphia to Rozier’s home in Charlotte and counted the money with Rozier during the early morning hours of April 1, 2023. Rozier did not appear in another game that season for the Hornets.

Rozier’s motion countered, however, the federal government’s money laundering case is predicated on the alleged wire fraud that it believes should also be dismissed. ‘Moreover,’ according to the motion, ‘the indictment fails to allege an essential element of money laundering conspiracy: that Mr. Rozier agreed to commit the offense.’

‘The indictment does not allege that Mr. Rozier ever placed a bet, whether himself or through a proxy, on any NBA game,’ Trusty wrote in the motion to dismiss. ‘Nor does it allege that he knew that Laster intended to sell this information to others, or that using it to place wagers would violate the betting companies’ rules.’

Rozier, Jones and former NBA player Jontay Porter were each accused of providing inside information for the illegal gambling scheme as part of the investigation. Porter was banned for life from playing in the NBA in April 2024 and pleaded guilty to wire fraud conspiracy in July 2024.

Joseph Nocella Jr., the U.S. Attorney for the Eastern District of New York, called it ‘one of the most brazen sports corruption schemes since online sports betting became widely legalized in the United States’ during an Oct. 23 news conference announcing the indictments in the two cases.

Rozier’s motion filed Tuesday included reference to that moment, and noted ‘countless instances of speakers blurring Mr. Rozier’s case with a 31-defendant indictment that alleges Mafia involvement and several examples of condemning Mr. Rozier’s morality, rather than describing criminal allegations.’

‘Charging the alleged wagering scheme as a federal wire fraud conspiracy runs counter to the Supreme Court’s repeated warnings against using the federal fraud statutes to federalize state matters and criminalize civil matters,’ Trusty wrote. ‘Contrary to the theory underlying the indictment here, the federal wire fraud statute does not vest the government with the general power to enforce its view of integrity in sports wagering.’

This post appeared first on USA TODAY

Paul has been the forefront of several of the biggest boxing events in the world, and there are more to come. Despite the severe injuries he suffered during the fight with Joshua, including a broken jaw, Paul has vowed to return to the ring, and has even hinted at taking on Canelo Alvarez in his next fight.

Was this the most-streamed boxing event ever?

No. The most-streamed sporting event of all-time remains Jake Paul vs. Mike Tyson in 2024. That fight drew in 108 million viewers according to Netflix, causing major technical issues for many viewers.

In fact, this fight wasn’t even the biggest Netflix fight of the year, with Canelo Alvarez vs. Terence Crawford drawing in 41.5 million viewers on Netflix.

What is Jake Paul’s boxing record?

With the loss to Joshua, Paul now owns a 12-2 record with seven knockouts.

Joshua, meanwhile, boasts a stellar 29-4 record with 26 wins coming via KO/TKO.

This post appeared first on USA TODAY

Gold marked a new price milestone on Tuesday (December 23), continuing its record-breaking 2025 run.

The spot price rose as high as US$4,511.83 per ounce, hitting that point at 4:04 p.m. PST.

Gold spot price chart, December 16 to 23, 2025.

The yellow metal’s latest rise caps off what’s been a historic year.

After starting 2025 around US$2,640, gold had risen to the US$3,200 level by April. It stayed within a fairly flat range until the end of August, when it launched higher once again, breaking US$4,300 in mid-October.

Gold took a breather following that move, even falling briefly below US$4,000; however, its retracement was neither as steep nor as long as market watchers expected. It began gaining steam again in mid-November, and took off again in earnest this week, powering higher along with its sister metal silver, which is currently over US$71 per ounce.

Both metals benefit from geopolitical tensions and economic uncertainty, which have been present on a global scale throughout the year. Interest rate cuts from the US Federal Reserve have provided support too, as have expectations of easier monetary policy after Fed Chair Jerome Powell’s term ends next year.

Gold also continues to benefit from strong central bank buying, while silver’s industrial side is attracting attention. Although it is valued as an investment metal, it’s key for technology such as solar panels.

Elsewhere in the precious metals space, platinum rose to a fresh record on Tuesday, reaching US$2,355.83 per ounce. Palladium remains below its top price level, but is elevated at around US$1,895 per ounce.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Lobo Tiggre, CEO of IndependentSpeculator.com, described uranium’s key role in providing baseload energy, a narrative that is only being heightened by added artificial intelligence data center and electric vehicle (EV) demand projections.

“The use case is baseload power. There’s no substitution, and the world is building like gangbusters,” he explained. “If the EV story completely went away, it wouldn’t undo the thesis for uranium, It would remove a tailwind, not the base story.”

Securities Disclosure: I, Georgia Williams, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com