Mar 28
The Easter Holiday Week In Trading
Have you ever looked at how stocks behave during Easter week? 🐣 Here’s a simple backtest worth noting:
Strategy Rules:
Buy at the close on the Friday before Easter holiday week.
Sell at the close on Holy Thursday.
Performance: Over a 66-year period backtest, this strategy has shown some really positive results, with an average gain per trade of 0.7%. Even better, that average has increased to 1.3% since the year 2000. It looks like the stock market tends to hold up pretty well during this holiday period.
Interesting seasonal strength during this period. Worth keeping in mind. 📈
