Contrary to individuals and food consumption, the stock market typically sees less volume around the holidays
NDW Virtual Symposium - December 10, 2020 - 12pm to 4pm ET
Join us for this free half-day event that will provide you with in-depth knowledge on how to use Point & Figure Relative Strength to create a scalable, repeatable process for your business to sharpen your value proposition. Click here to see the full agenda. Click here to register today! *CFP & CIMA CE pending
Event sessions include:
- Foundations of Relative Strength/Momentum investing
- Knowledge of our toolbox of technical market indicators
- How to apply RS as a means of identifying factors that are leading in changing market environments
We are excited to announce phase three of the Nasdaq Dorsey Wright Model Builder with the launch of Matrix and FSM-based Relative Strength (RS) Testing Service. As part of this launch, we are granting you free access to the service for the remainder of 2020. The tool is designed to help you more easily design, test, implement, and monitor custom models powered by the Nasdaq Dorsey Wright methodology. Through the end of December, be sure to join us each Thursday at 1 pm EST for a custom modeler demo presented by the analyst team. There will not be a Model Builder Webinar next week due to the market holiday. The webinars will resume on December 3.
11/19/2020: Static Model Builder Demo Replay - Click Here
11/12/2020: Matrix Model Builder Demo Replay - Click here
11/5/2020: FSM Model Builder Demo Replay - Click here
Click here to register for future Nasdaq Dorsey Wright Model Builder Demos
“It was a quiet day on Wall Street” – as many will say during the holidays. Although not always the case, like Christmas Eve in 2018, market holidays usually bring lower trading volume for the neighboring days. This intuitively makes sense given volume measures the number of shares that change hands of ownership; however, to quantify this statement we looked at the volume traded on the Nasdaq and New York Stock Exchange surrounding each market holiday since January of 2000. We then took each reading and averaged the two to gain a more holistic picture of the domestic equity market. As shown beneath, we observed below-average activity during each of the periods, particularly during summer holidays like Independence Day and Labor Day. Broad equity index returns neighboring major holidays are also rather muted and mixed, with just over half the observations counting favorably.
