| 释义 |
holiday effect Holiday EffectThe 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. |