History Says: Will Thanksgiving Week Break the Four-Year Pattern?

History shows that Thanksgiving week doesn’t usually rise for four consecutive years… but will this year be different?

After last week’s steep sell-off, U.S. equities staged a rapid sentiment reversal within just a few days. For two consecutive trading sessions, Federal Reserve officials boosted expectations for a December rate cut, sending the probability surging to 80%. Tech stocks rebounded sharply, with $NASDAQ(.IXIC)$ posting its best single-day gain since May. Crypto also rallied to 87,793.

With the Thanksgiving holiday arriving this week, how does the market typically perform during Thanksgiving week?

Thanksgiving-week S&P 500 performance over the past 20 years: It ended positive in 13 of those years.

The Statistical Pattern: 2025 leans toward “unlikely to complete four straight Thanksgiving-week gains”

Looking back at the past 20 years, the S&P 500 rose in 13 Thanksgiving weeks—overall a seasonally warm period. But there is a rarely discussed yet highly important pattern:

The S&P 500 has never risen for four consecutive Thanksgiving weeks.

And since 2022, 2023, and 2024 have already logged gains, the statistical tendency for 2025 leans toward a pullback.

However, VIX sends a reversal signal

Historically, when the previous week’s $Cboe Volatility Index(VIX)$ closes in the 20s, the setup actually leans bullish for Thanksgiving week.

Last week VIX closed at 23. This week it quickly fell below the critical 20 level, hitting a low of 18.56. Seen this way, falling volatility suggests that a strong rebound after last week’s sell-off is certainly possible.

2025’s Déjà Vu: Echoes of 2018

The 2025 market environment is strikingly similar to 2018:

– The same Trump–Powell tensions.
– The same mixed signals from the Fed—neither fully dovish nor fully hawkish.
– The same year-end macro uncertainty.

In 2018, Thanksgiving week saw a roughly –2% decline under similar conditions, followed by a deep downturn in December.

  1. How do you view this week's market? Will the rally continue, or will we see a Friday pullback?

  2. With expectations of a December Fed rate cut and quantitative tightening potentially ending in December—Is last week’s sell-off already behind us?

  3. Is now a good time to get in?

Leave your comments to win tiger coins, stock and options vouchers!

# Market Rebound: Will Thanksgiving Week Break the Four-Year Pattern?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • icycrystal
    ·2025-11-26
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    guess during holidays people will tend to trade less as most are celebrating and spending time with families.

    also, a time to balance portfolio.

    well, never know how nthe market will swing as sometime it may surprise you [Serious] [Serious] [Serious]

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  • Shyon
    ·2025-11-26
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    在我看来,这个感恩节周正处于看涨势头和季节性谨慎的十字路口。历史上,标普500 $S&P 500 Index(.SPX)$ 从未连续四个感恩节周上涨,而且2022年至2024年都是积极的,统计偏差倾向于回调——尤其是在从上周的抛售中大幅反弹之后。

    也就是说,波动率指数 $芝加哥期权交易所 Volatility Index(VIX)$ 从23跌至20以下给出了明确的看涨信号。波动性下降历来支持感恩节周走强,随着12月降息预期升至80%,市场情绪正在迅速改善。如果美联储基调保持鸽派,涨势仍可能在降温之前推高。

    就目前而言,考虑到季节性模式,追逐反弹感觉存在风险,但完全保持观望可能会错过进一步的上涨空间。我更喜欢逢低买入,而不是在当前反弹时买入,因为我仍然预计月底会出现一些波动。

    @Tiger_comments @TigerStars

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  • icycrystal
    ·2025-11-26
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    @koolgal @Barcode @HelenJanet @rL @Zarkness @Aqa @SPACE ROCKET @nomadic_m @GoodLife99 @Universe宇宙 @Shyon @LMSunshine

    How do you view this week's market? Will the rally continue, or will we see a Friday pullback?


    With expectations of a December Fed rate cut and quantitative tightening potentially ending in December—Is last week’s sell-off already behind us?


    Is now a good time to get in?


    Leave your comments to win tiger coins, stock and options vouchers!

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    • koolgal
      Thanks for sharing 😍😍😍
      2025-11-27
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  • Isleigh
    ·2025-11-26
    TOP
    After looking ugly all week, the Nasdaq ripped +2% intraday, QQQ closed green +0.34%, SPY +0.17%. Google smashed another all-time high, Eli Lilly became the first pharma to hit $1T market cap (Ozempic money printer goes brrr), while poor Oracle suffered its 6th straight red week.Classic rotation: money flowing from last month’s losers (cloud, enterprise) into this month’s winners (AI leaders + GLP-1 kings). Volume was light, but buyers stepped in exactly at the 50-day moving average – textbook technical bounce.Next week is OPEX + Thanksgiving-shortened. Historically, these bounces either turn into year-end melt-ups or get sold hard into month-end. Watch NVDA earnings Wednesday after close – that’s the real boss level. My take: This feels like a relief rally in a bull market, not the start of a bear. But 2-3 red days next week and we re-test the lows fast.Stay nimble, size down into holidays, and keep powder dry.I’m not a financial advisor. Trade wisely, Comrades!
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  • Tiger_comments
    ·2025-12-01
    Thanks for participating in my discussion. Your coins have been sent through the tiger coin center!
    Check them in the history - “community distribution“
    @TheStrategist
    @Shyon
    @TimothyX
    @WonderElephant
    @AN88
    @北极篂
    @北极篂
    @Isleigh
    @Cadi Poon
    @koolgal
    @Chrishust
    @L.Lim
    @北极篂
    @WanEH
    @ECLC
    @Shyon
    @icycrystal
    @icycrystal
    @北极篂
    @highhand
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  • 北极篂
    ·2025-11-28
    If it is summarized into three points:
    1) There is a high probability that this week will remain strong and volatile, but on Friday, due to profit-taking of funds before the holiday, the callback is normal;
    2) I think last week's sell-off was an "emotional overreaction", not a trend reversal;
    3) Whether to enter the market depends on the rhythm. It is easy to be shocked by chasing high in the short term, but I think it is still a reasonable strategy to lay out in batches every callback.
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  • 北极篂
    ·2025-11-28
    至于有人担心 2025 像 2018 那样重演,我觉得有相似之处,但也不能简单类比。毕竟现在财政端更积极,美联储也更怕把经济压坏
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  • 北极篂
    ·2025-11-28
    真正值得注意的是 VIX 的表现。上周还在 23,结果这周直接跳水到 18 区间,这种从“恐慌”切换到“安心”的速度,往往意味着市场短线倾向继续修复,而不是再来一脚狠的。
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  • 北极篂
    ·2025-11-28
    每年感恩节周,市场都会被拿出来做统计,但数据说话太死板,人心和情绪才是决定短线走势的关键。历史确实显示感恩节周很难连续四年上涨,2025 这一年刚好卡在统计“应该回调”的概率里。但单靠这个结论并不够,因为上周那波急跌之后,情绪翻脸比翻书还快,美联储连续两天释放鸽派信号,12 月降息概率被推到 80%,科技股和加密资产全线回拉,明显是资金不愿意错过反弹窗口。
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  • L.Lim
    ·2025-11-27
    Momentum? Everything feels so fragile... one moment it was fears of no rate cuts, then everything plunged.
    Now rate cuts are back on the menu, then everything climbs again.
    What sort of gambling madness is this?
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  • koolgal
    ·2025-11-27
    🌟🌟🌟Thanksgiving Week 2025 is going be an absolute feast, shattering expectations and delivering a most amazing experience for investors.

    The tired, cautious whisper that Thanksgiving week won't be good 4 years in a row, has been blown away by a wave of pure, unadulterated euphoria.

    So let's forget the old patterns, tear up history books and celebrate this  Thanksgiving with gusto.

    Happy Thanksgiving Everyone! 🥰🥰🥰🎊🎊🎊🍗🍗🍗🍾🍾🍾

    @Tiger_comments @TigerStars @Tiger_SG @TigerClub @CaptainTiger

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  • Chrishust
    ·2025-11-27
    1. This week’s market rally is already in reverse with significant pull back from $SPDR S&P 500 ETF Trust(SPY)$
    2. Now is a great time to invest in $ETFS Physical Gold(GOLD.AU)$ before more market turmoil occurs
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  • highhand
    ·2025-11-27
    回調已於本週早些時候結束。我們上去。Fri可能會持平,但這已經足夠好了。十二月真的來了。當股票上漲時,除非你進行動量交易,否則很難買到好的價值
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  • Cadi Poon
    ·2025-11-26
    回顧過去20年,標普500在13個感恩節周內上升——總體而言是季節性溫暖時期。但有一個很少被討論但非常重要的模式:

    標普500有沒有連續四周感恩節上漲。

    由於2022年、2023年和2024年已經錄得上漲,2025年的統計趨勢傾向於回調。

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  • TimothyX
    ·2025-11-26
    在上週的大幅拋售之後,美國股市在短短几天內就出現了情緒的快速逆轉。連續兩個交易日,美聯儲官員提振12月降息預期,概率飆升至80%。科技股大幅反彈,$納斯達克(.IXIC)$創下自5月份以來的最佳單日漲幅。加密貨幣也上漲至87,793點。
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  • WanEH
    ·2025-11-26
    本週雖然降息預期回升,但美聯儲官員內部對此仍有分歧,有人傾向繼續維持利率不變。若接下來經濟數據不支持降息,市場可能重新失望。
    我感覺科技 / AI /動能股此前漲幅很高,其估值已較爲昂貴 —— 若公司盈利 /增長預期不達標,市場情緒可能迅速轉冷。
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  • ECLC
    ·2025-11-27
    After broad rebound, any further surge may be limited as cautious trading likely into thanksgiving week.
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  • WonderElephant
    ·2025-11-27
    Wait and monitor, when reversal and uptrend confirmed then enter!
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  • TheStrategist
    ·2025-11-27
    也许。但是QT正在结束
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  • AN88
    ·2025-11-27
    yes always
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