On average, the Wednesday close before Turkey Day is only 0.12% stronger than the close on the Friday before. The strong market does not tend to continue into the Holiday weekend.
The market closes weaker on the following Monday 67% of the time over the past 20 years. Best trade is to short on Friday after Turkey Day, and cover on Monday.
Average profit is 9-ticks.
The market closes weaker on the following Monday 67% of the time over the past 20 years. Best trade is to short on Friday after Turkey Day, and cover on Monday.
Average profit is 9-ticks.