Maybe it’s the carb-induced food coma or investors feeling too complacent to hit the sell button around the holidays, but November, and in particular the Thanksgiving week, have traditionally been good to investors. “Trading around Thanksgiving has a bullish tendency perhaps buoyed by the ‘holiday spirit,’” wrote Jeff Hirsch, editor of the Stock Trader’s Almanac, on his blog. “The Wednesday before and the Friday after Thanksgiving combined were up 34 times in 35 years. The only S&P 500 decline was in 1964.” Analysts at Bespoke Investment Group also noted that since 1945, the S&P 500 SPX, -0.08% has recorded an average gain of 0.64% during Thanksgiving week, and in years where the large-cap index was already up over 10% year to date, such as 2017, the week was even better, with the index adding 0.76%. However, during the current bull market, stocks have underperformed around Turkey Day, as the chart below shows. But even then, the S&P 500 has still risen six out of eight times. via