The Big 3 Turkey Days The best time around Thanksgiving has tended to be the two trading days before (Tuesday and Wednesday) and the day after (Friday). The good news is that period has been consistently bullish over time. The “bad news” is that it appears to have been slightly less effective in recent years. For our purposes we will measure the price change for the Dow Jones Industrial Average from the close on Monday the week of Thanksgiving and the close on Friday of the same week. Figure 1 – Cumulative Dow % +(-) 2 days before and 1 day after Thanksgiving; 1950-2019 The cumulative growth from 1950 through 2019 was +68.0%. If that doesn’t seem like much just remember that we are talking about just 3 trading days a year. (courtesy of Jay Kaeppel's website)
