'This isn't simply an ephemeral 'Santa Rally' without any fundamental underpinnings,' said one analyst.
The stock market tends to have unusually strong performance during the final five trading days of the year and the first two tradings days of the new year.
The so-called Santa Claus rally is around the corner, a short boost in stocks that investors have enjoyed for decades. It has worked for the most part in the last 10 years. The S&P 500 has only had two declines, in 2014 and 2015, during those seven trading days in the past decade. This year, the record-setting rally has pushed the S&P 500 over 3,200 for the first time ever with
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