📈 Next Week’s Trends: The Week Ahead 12/02/2024

Will We See a Post Thanksgiving Dip?

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Symbol

Trend History

Start Date

End Date

Average %

NRTA

Up 8 out of 9 past years

11-09

12-09

+7.58%

TSM

Up 9 out of 10 past years

11-13

12-09

+4.13%

AVGO

Up 13 of the past 15 years

11-25

12-24

+7.39%

AMC

Down 10 of the last 10 years

11-29

12-30

-16.89%

DKNG

Down 5 of the last 5 years

11-30

12-09

-6.95%

AGX

Down 9 of the last 10 years

11-26

12-11

-7.05%

GGAL

Up 9 out of 10 past years

11-28

12-27

+7.75%

ADMA

Down 10 of the last 11 years

11-28

12-06

-6.63%

AEM

Up 9 out of 10 past years

12-06

1-06

+7.18%

KMI

Up 11 of the past 13 years

12-09

1-07

+4.62%

Symbol

Before Earnings

Average %

History

Earnings Date

None

The Historical Ebb and Flow of the Market For December

December Historical Briefing

December is warnings season. Expect a market pull back from profit taking to continue from November (post Thanksgiving) until sometime between the 5th and the 8th of December. December can be a good month (known as the “Santa Claus Effect” when it is). Market can be choppy. Look for buy entry points between the 15th and 22nd. The markets frequently suffer a “Christmas hangover” (downside weakness) to the end of the month. Look for entry points the last 2 or 3 days of the month.

December Historical Biases

  • Look for a post Thanksgiving pullback.

  • Around 5-8th upside bias up through Christmas . 

  • Typically, around the 5th-8th of December sees good movement if the markets or individual stocks have been basically flat or slightly down since Thanksgiving.

  • After Christmas to the 28-29th, downside bias.  29th into Jan, Upside Bias.

  • The last few days of December and first few days of January usually can be very volatile and can offer good opportunities.

Fall/Winter Seasonal Briefing (October - January)

This season tends to see strong directional movement in the market, often favoring the upside. While some years have been dominated by downward trends, the majority historically lean toward longer and more sustained upward momentum. During this period, it’s generally more effective to trade in line with the overall market direction, as these trends often last longer and provide stronger returns than in other times of the year. Counter-trend trades are typically less successful and are best avoided.

Happy Trading,

Next Weeks Trends

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