ABSTRACT

The phenomenon of santaclaus rally is a phenomenon in which the movement of some market index experienced a significant increase. The phenomenon santaclaus rally is an annual phenomenon which is eagerly awaited by traders because it can provide a considerable profit. The purpose of this study was to determine Forecast Nikkei 225 stock price index at the time of the phenomenon of santaclaus rally on entry and exit positions.

This study uses a quantitative approach with the secondary data graph nikkei index a few years back, and also the nikkei index price data on the phenomenon of santaclaus rally a few years back.

The results showed that the forecast price of Nikkei 225 stock index for open and exit positions are influenced by factors that influence price movements of the index such as, government policy, interest rate setting, economic growth from production and export sector, and because the economic activity that occurred in Japan as well as in countries that affect the Nikkei 225 index, moreover because of natural disasters that occurred in Japan or countries with a direct impact on the Japanese economy.

Keyword : forecast, Nikkei 225, santa claus rally