Seeking Alpha
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Registered investment advisor, macro, ETF investing
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Since 1940, the S&P 500 has averaged a gain of 0.23% on the last trading day before the Christmas holiday, with gains 67% of the time. This compares to an average one-day gain of 0.032% on all trading days since 1940. Below we highlight the S&P 500's performance on the last trading day before Christmas since 1980. As shown, the numbers have been much weaker than average since 2001.