Seasonal Trends Surrounding Thanksgiving
By
Rennie on Tuesday, November 24th, 2009 at 2:19 pm
Here’s an expanded version of a table I highlighted last Friday detailing the Nasdaq’s performance on the day before and day after the Thanksgiving holiday. Nasdaq100 (NDX) data is utilized since it began trading in 1985, prior to that we utilized Nasdaq Composite data…
Nasdaq Performance Surrounding Thanksgiving
11/24/09 ????.??… 11/27/09 ????.??… NDX ???
11/25/08 1142.58… 11/28/08 1185.75… NDX +3.8%
11/20/07 2029.94… 11/23/07 2028.90… NDX -0.1%
11/21/06 1808.88… 11/24/06 1815.53… NDX +0.4%
11/22/05 1694.14… 11/25/05 1701.05… NDX +0.4%
11/23/04 1562.60… 11/26/04 1578.26… NDX +1.0%
11/25/03 1411.36… 11/28/03 1424.25… NDX +0.9%
11/26/02 1087.49… 11/29/02 1116.10… NDX +2.6%
11/20/01 1549.70… 11/23/01 1577.47… NDX +1.8%
11/21/00 2786.53… 11/24/00 2830.09… NDX +1.6%
11/23/99 2999.78… 11/26/99 3116.62… NDX +3.9%
11/24/98 1580.83… 11/27/98 1628.35… NDX +3.0%
11/25/97 1038.06… 11/28/97 1050.51… NDX +1.2%
11/26/96 825.51… 11/29/96 834.01… NDX +1.0%
11/21/95 574.22… 11/24/95 578.32… NDX +0.7%
11/22/94 397.93… 11/25/94 401.17… NDX +0.8%
11/23/93 381.22… 11/26/93 386.31… NDX +1.3%
11/24/92 349.97… 11/27/92 349.31… NDX -0.2%
11/26/91 284.13… 11/29/91 284.79… NDX +0.2%
11/20/90 183.31… 11/23/90 184.28… NDX +0.5%
11/21/89 222.76… 11/24/89 224.83… NDX +0.9%
11/22/88 164.35… 11/25/88 165.72… NDX +0.8%
11/24/87 144.66… 11/27/87 143.35… NDX -0.9%
11/25/86 145.77… 11/28/86 147.94… NDX +1.5%
11/26/85 123.95… 11/29/85 126.06… NDX +1.7%
11/20/84 243.04… 11/23/84 245.45… COMP +1.0%
11/22/83 284.55… 11/25/83 285.49… COMP +0.3%
11/23/82 225.17… 11/26/82 228.64… COMP +1.5%
11/24/81 199.04… 11/27/81 201.02… COMP +1.0%
11/25/80 205.41… 11/28/80 208.15… COMP +1.3%
11/20/79 139.50… 11/23/79 139.85… COMP +0.3%
In 27 out of the last 30 years, or 90% of the time, the Nasdaq gained ground in the two days surrounding Thanksgiving, significantly above the 56% at-any-time odds for a higher Nasdaq close two sessions later. This two-day pattern goes into effect at today’s close and lasts until Friday’s close.
Seasonal Trends Surrounding Thanksgiving
By Rennie on Tuesday, November 24th, 2009 at 2:19 pmHere’s an expanded version of a table I highlighted last Friday detailing the Nasdaq’s performance on the day before and day after the Thanksgiving holiday. Nasdaq100 (NDX) data is utilized since it began trading in 1985, prior to that we utilized Nasdaq Composite data…
Nasdaq Performance Surrounding Thanksgiving
11/24/09 ????.??… 11/27/09 ????.??… NDX ???
11/25/08 1142.58… 11/28/08 1185.75… NDX +3.8%
11/20/07 2029.94… 11/23/07 2028.90… NDX -0.1%
11/21/06 1808.88… 11/24/06 1815.53… NDX +0.4%
11/22/05 1694.14… 11/25/05 1701.05… NDX +0.4%
11/23/04 1562.60… 11/26/04 1578.26… NDX +1.0%
11/25/03 1411.36… 11/28/03 1424.25… NDX +0.9%
11/26/02 1087.49… 11/29/02 1116.10… NDX +2.6%
11/20/01 1549.70… 11/23/01 1577.47… NDX +1.8%
11/21/00 2786.53… 11/24/00 2830.09… NDX +1.6%
11/23/99 2999.78… 11/26/99 3116.62… NDX +3.9%
11/24/98 1580.83… 11/27/98 1628.35… NDX +3.0%
11/25/97 1038.06… 11/28/97 1050.51… NDX +1.2%
11/26/96 825.51… 11/29/96 834.01… NDX +1.0%
11/21/95 574.22… 11/24/95 578.32… NDX +0.7%
11/22/94 397.93… 11/25/94 401.17… NDX +0.8%
11/23/93 381.22… 11/26/93 386.31… NDX +1.3%
11/24/92 349.97… 11/27/92 349.31… NDX -0.2%
11/26/91 284.13… 11/29/91 284.79… NDX +0.2%
11/20/90 183.31… 11/23/90 184.28… NDX +0.5%
11/21/89 222.76… 11/24/89 224.83… NDX +0.9%
11/22/88 164.35… 11/25/88 165.72… NDX +0.8%
11/24/87 144.66… 11/27/87 143.35… NDX -0.9%
11/25/86 145.77… 11/28/86 147.94… NDX +1.5%
11/26/85 123.95… 11/29/85 126.06… NDX +1.7%
11/20/84 243.04… 11/23/84 245.45… COMP +1.0%
11/22/83 284.55… 11/25/83 285.49… COMP +0.3%
11/23/82 225.17… 11/26/82 228.64… COMP +1.5%
11/24/81 199.04… 11/27/81 201.02… COMP +1.0%
11/25/80 205.41… 11/28/80 208.15… COMP +1.3%
11/20/79 139.50… 11/23/79 139.85… COMP +0.3%
In 27 out of the last 30 years, or 90% of the time, the Nasdaq gained ground in the two days surrounding Thanksgiving, significantly above the 56% at-any-time odds for a higher Nasdaq close two sessions later. This two-day pattern goes into effect at today’s close and lasts until Friday’s close.