‘Twas 3 Nights Before Christmas – NASDAQ Version Updated

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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