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Next week (starting 23rd Nov. 2015) is Thanksgiving in the US and investors should know about the equity market tendencies during this period. With less activity surrounding the Thanksgiving holiday on Thursday, stocks have a tendency of climbing. For the week itself, the S&P 500 index has gained 67.7% of the time since 1950, averaging a gain of 0.72%. The bulk of those gains come during the two days that bookend the holiday Thursday.
Therefore a possible strategy might be buying into late Tuesday OR intraday on Wednesday (25th Nov. 2015)? Gains on Wednesday and Friday have been realized 78.5% and 72.3% of the time, respectively, averaging gains each day around 0.35%.
BUT following table (still only showing the last 14 years) shows, that in the last 2 PRE-election years, being 2007 and 2011, the thanksgiving-week has not been so thankful at all (see red boxes)...
