Market Comparison Breakdown: New Years Eve vs The Hangover
New Year’s Eve brings the end of the year and the transition into the next year. With this in mind, the table below compares the last trading day of the year on December 31st with the first trading day of the year on January 2nd across a diverse basket of 30+ futures markets.
Should we buy going into the New Years Eve party or wait to buy on the post party hangover? With 30 years worth of data, the numbers show a definitive winner.
Calendar Breakdown by Events
All trading involves risk. Leveraged trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed. The past performance of any trading system or methodology is not necessarily indicative of future results.
Our strategies have not been developed based on knowledge of or with reference to your particular circumstances, such as financial position, goals, risk-reward preferences, tax situation, brokerage arrangement, investment or trading experience, and so forth. Hence no content or model published here constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You alone are solely responsible for determining whether any investment, security or strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal financial situation. More