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Holiday Effect

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Holiday Effect
The tendency for a stock market to gain on the final trading day before an exchange-mandated long weekend or holiday such as Labor Day or Christmas. The holiday effect can be beneficial for traders, who may buy a security in the days leading up to the last trading day and then sell for a higher price on the final day. See also: Calendar effects.
holiday effect
The unusually good performance by stocks on the day prior to market-closing holidays.
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With the bank holiday effect stripped out, BAA said the underlying decline remained stable at about 6.
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The key to getting in on the boom is to structure the business in a way that will maximize this benefit while minimizing the holiday effect.
Google Adsense Strategies ? Anticipating and Maximizing Holiday ... by SEOExpert / Computers and Internet community
The day-of-the week effect, first documented by Osborne (1962); the weekend effect (significantly lower returns over the period between Friday's close and Monday's close), first documented by French (1980); the January effect (relatively higher returns in January), first reported by Wachtel (1942); the trading month effect studied by Ariel (1987); and the holiday effect documented by Lakonishok and Smidt (1988), are among the most important calendar effects.
Calendar corrected chaotic forecast of financial time series by Leontitsis, Alexandros; Siriopoulos, Costas / International Journal of Business
 
 
 
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