![]() ![]() The weekly outperformance has come from the day before Thanksgiving and the day after. ![]() Tuesday of next week has averaged a small loss, despite a higher percentage of the returns being positive. Monday of Thanksgiving week has averaged a small gain - albeit which is better than other Mondays that have averaged a loss - but over half the Thanksgiving week Mondays have been negative. Historically, the first couple days of the week have seen their struggles. The tables below break down Thanksgiving week by day. Other weeks average a gain of 0.16% - positive 56% of the time. In the past 50 years, the S&P 500 Index (SPX) has gained, on average, 0.59% during the week, with 70% of the returns positive. Overall, Thanksgiving week has tended to be bullish. I’ll also list some sectors and stocks that have stood out over the holiday in recent years. This week, I look at how stocks have done in the past during the week of Thanksgiving. Regardless of the news cycle, it is a unique three and a half day trading week with markets closed on Thursday and part of Friday. ![]() It’s been quite a year, so who knows what to expect. Energy companies dominate this list.Thanksgiving 2020 is next week. (NYSE:CHD) and Clorox Co (NYSE: CLX).įinally, here is the list of stocks which have performed the worst during Thanksgiving week over the past ten years. A couple other personal care stocks made the list, including Church & Dwight Co., Inc. Kimberly-Clark Corporation (NYSE:KMB) heads the list, having been positive during Thanksgiving week every year over the past 10 years. It’s sorted first by percent positive and then by average returns. If you were considering shorting one of these sectors or selling stocks from one of these sectors, now might be the time.īelow is a list of individual S&P 500 stocks that have performed the best during the week of Thanksgiving over the past ten years. Oil stocks and utilities have been out of favor during this time of year. The table below shows the worst sectors during the turkey holiday. The three sectors, travel and leisure, personal goods and retailers make a lot of sense heading into Thanksgiving with all the traveling and the beginning of the holiday shopping season. The table below lists the top 10 sectors by average return during the week of Thanksgiving. Also notable, other than Monday, the other days of Thanksgiving week have seen significantly less volatility than normal.įor the rest of the analysis, I’m considering current S&P 500 stocks over the past 10 years. The day after Thanksgiving has averaged a 0.22% return over the past 50 years and has been positive 66% of the time. The Wednesday before Thanksgiving has been positive 78% of the time averaging a gain of 0.30%. The weekly outperformance has been due to the day before Thanksgiving and the day after. Tuesday, despite being positive 62% of the time, averages a small loss. Monday has averaged a small gain better than other Mondays, which have averaged a loss, but Monday of Thanksgiving week has been negative more times than positive. Other weeks average a gain of 0.16% and positive 56% of the time. Over the past 50 years, the S&P 500 Index (SPX) has gained on average 0.54% during the week with 68% of the returns positive. Thanksgiving week has tended to be bullish. I’ll also list some sectors and stocks that have stood out over the holiday. This week, I am looking at how stocks have performed in the past during the week of Thanksgiving. It is a unique three-and-a-half day trading week with markets closed on Thursday and at 1:00 p.m. It’s been a tough year for stocks, so its safe to assume no one knows what to expect. ![]()
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