‘Twas 3 Nights Before Christmas – NASDAQ Version Updated

Posted on December 23, 2015 by

I’ve been posting and updating the “Twas 3 Nights Before Christmas” study on the blog here since 2008. The study kicked in at the close yesterday close. This year I will again show the Nasdaq version of the study. While all the major indices have performed well during this period, the Nasdaq Composite has some of the best stats.

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The stats in this table are strong across the board.  An average year posted a gain of nearly 3% over the next 8 days.   The stats do not look as strong as last year though, because 2014 was the worst year so far when looking out 8 days.  The note at the bottom shows reliability of some kind of bounce has been nothing short of incredible. Traders may want to keep this one in mind over the next couple of weeks.

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About the author:

Rob Hanna is the founder of Quantifiable Edges, a quantitative market research service he has run since 2008. His research focuses on statistical analysis of U.S. equity markets. In 2009 he published "The Quantifiable Edges Guide to Fed Days," available on Amazon. He was named the 2024 recipient of the National Association of Active Investment Managers (NAAIM) Founders Award and has since joined the NAAIM Board of Directors. Rob also works with Capital Advisors 360 as an investment advisor representative, where he utilizes quantitative and volatility-based models. Follow him on X / Bluesky / StockTwits / Facebook / Substack