Santa Claus rally
n.— «Stocks have lost ground since the Dow rose 19.6 percent from late November to the first part of 2009—a year-end advance often referred to as a Santa Claus rally.» —“Stocks tumble as oil falls on economic worries” by Sara Lepro, Tim Paradis Associated Press Jan. 12, 2009. (source: Double-Tongued Dictionary)
Further reading
The word budget derives from French bougette, “leather bag.” An old phrase in English to open one’s budget, meant “to speak one’s mind.” The word purse is related to French bourse, a word for the stock market. This is part of a complete episode...
Sure, there’s winter, spring, summer, and fall. But the seasons in between have even more poetic names. In Alaska, greenup describes a sudden, dramatic burst of green after a long, dark winter. And there are many, many terms for a cold snap...