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Pre-Holiday Effect in Commodities

Oct 14, 2024

Our research will explore the intriguing phenomenon of the Pre-Holiday effect in commodities, particularly crude oil and gasoline. Historical data reveals a short-term price drift prior to major U.S. holidays, suggesting a trend in these markets. We hypothesize that this anomaly may be driven by increased demand for oil and its derivatives, such as gasoline, as people prepare for travel, often by car, during the holiday season. This seasonal behavior offers unique opportunities for market participants.

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https://quantpedia.com/pre-holiday-effect-in-commodities/

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Quantpedia
Quantpedia

Written by Quantpedia

Quantpedia.com — The Encyclopedia of Quantitative and Algorithmic Trading Strategies