A Long-Term Look at the Wednesday Before Thanksgiving

Thanksgiving week has shown some strong seasonal tendencies over the years. I’ve documented this in years past on the blog. From a seasonal standpoint, Wednesday before Thanksgiving is one of the most bullish trading days of the year. The chart below shows performance from Tuesday’s close to Wednesday’s close on the day before Thanksgiving.

SPX performance on Wed before Thanksgiving

It certainly appears seasonality will be providing a wind at the market’s back on Wednesday. Happy Thanksgiving!

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