Tim Ord Blog | The Seasonality For Thanksgiving Week | Talkmarkets
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Tim Ord earned a Bachelor of Science degree as a Mathematics teacher from the University of Nebraska in 1973. He became a Stockbroker in 1977 and worked his way up to Vice President and Senior Option Principal in 1981.Tim Ord has over 25 years in trading experience. 

In 1988, ... more

The Seasonality For Thanksgiving Week

Date: Monday, November 21, 2016 5:39 PM EST

Checking The Seasonality for Thanksgiving week shows the market up .63% for 70% of the time (statistics going back to 1941). The week after Thanksgiving is just up 50% of the time with an average loss of .14%. We are getting longer term bearish signs in the Cumulative Tick and the McClellan Summation index and stock above 150 day average. The High so far on SPX came on 8/15 at 2193.81 (not 8/23 at 2193.42 we said yesterday). It would seem that SPX will touch a new high first. We will keep our powder dry for now.

All the best,
Tim Ord

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