I’ve been posting and updating the “Twas 3 Nights Before Christmas” study on the blog here since 2008. The study will kick in at today’s 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 stands out as the big winner.
The stats in this table are strong across the board. An average year posted a gain of over 3.2% over the next 8 days. 25 of those 27 years saw the NASDAQ higher 3 days later, and the max loser 8 days out was just 1.4%. That is less that 1/2 the size of the average gain! And the note at the bottom shows reliability that 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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