Event: Tax Day

Tax Day, is an annual event in the United States when the filing of federal income tax returns are due. It typically takes place on April 15, however, due to extenuating circumstances such as holidays, it may be moved to a different date. Tax Day marks the deadline for filing both individual and business income tax returns to the federal government.  Death and taxes are the only guarantees in life … deal with it.  

The question is … will the markets have us pay more or less taxes as we prepare to sign our forms? 

Market Comparision 

How do the markets perform leading up to and including Tax Day?  The analysis table below breaks down each of the 30+ markets into four separate trading periods.  These time frames span 6-days, 4-day, 2-days, and the event day itself.  The return performance for each time frame is measured against its normal performance during the year to calculate a final over or underperformance return.  This metric quantifies, in percentage points, the advantages or disadvantages associated with Tax Day.  Markets highlighted with a checkmark or an “x” should be closely monitored for potential strengths or weaknesses heading into the event. 

Performance Breakdown

Calendar Breakdown by Events

Take a look at how the markets perform around Holidays, Observances, and other Major Events.
Performance Breakdown

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