Since late December the semiconductor ETF that tracks the sector's biggest names, the SMH, has been on a tear.
Tesla's stock got hammered on Wednesday, but history shows the stock will likely bounce back in the next month.
Despite the market turmoil in December, many of Wall Street's top analysts remain bullish for 2019. A CNBC survey found that the average strategist sees the S&P 500 ending next year above 3,000.
In the week following Fed rate hikes in December since 1994, the top-performing sectors have been Energy and Materials.
Since 2009, when the 10-year yield has crossed below 3 percent for the first time in at least a month, the top-performing sector four weeks after is financials.
The health care sector has gained over 14 percent through the end of November. History says it's likely the industry will continue its bullish trend in December.
Despite increased shopping activity online, the boost in sales doesn't always translate to stock performance, at least in the short term.
Historically, the month leading up to a December rate hike by the Federal Reserve have been bullish periods.
Since 1982, the final two months of the year during a Midterm Election have been quite positive for stocks, including when the House changes hands.