by Reasonable-Bet6602
Looking back 5 years Only 1 time that the market was red the week after Christmas that was 2018. Dude to fear of tightening money policy which did not happen until 2022. (They delayed it due to a virus of unknown origin)
Here is my rudimentary S&P performance
2018: Dec 19: 2506 -Dec 26: 2467 and quickly recovered Dec 31 2506 point then rally through January 2019
2019: Dec 20: 3231 – Dec 27: 3249
2020: Dec 23: 3690 – Dec 31: 3756
2021: Dec 23: 4725 – Dec 31: 4766
2022: Dec 23: 3844 – Dec 31: 3839 (yes this is a 5 point reduction but hardly categorized as a Pull back because first week of Jan 2023 it rallied to 3895 on jan 6 (also happened to be a rather significant date on both side of the isles
Looking further back the historical performance of 5 days leading to Christmas and 5 days post Christmas. All the way back from 1985- 2022 (broken into 2 sections) how many times would you be correct to ASSUME a Red day in the market