SPY the day after Tax Day

SPY historical performance the day after Tax Day

Tax Day Cartoon

 

SPY historical performance the next day after Tax Day, trading strategy rules

  • today is Tax Day
  • Go long on SPY at close
  • Exit the next trading day

Below the backtest performance summary of  “buying SPY on the Tax Day and exiting next trading day “  trading strategy since SPDR S&P 500 (SPY) started trading

Long $SPY on Tax Day and exit the next trading day since 1993, backtest report

Below the previous instances of SPY , next day change , change% after Tax day , since 1993 ( when SPY started trading)

SPY returns the day after Tax Day
Date Next Day Change Change%
15-Apr-13 ?? ??
17-Apr-12 -0.46 -0.34
18-Apr-11 0.72 0.58
15-Apr-10 -1.82 -1.6
15-Apr-09 1.15 1.46
15-Apr-08 3.24 2.71
17-Apr-07 0.16 0.12
17-Apr-06 1.76 1.58
15-Apr-05 0.3 0.31
15-Apr-04 0.72 0.77
15-Apr-03 -1.26 -1.71
15-Apr-02 2.12 2.38
16-Apr-01 1.32 1.41
17-Apr-00 2.93 2.64
15-Apr-99 -0.88 -0.85
15-Apr-98 -1.01 -1.17
15-Apr-97 0.66 1.15
15-Apr-96 0.15 0.31
17-Apr-95 -0.13 -0.35
15-Apr-94 -0.2 -0.63
15-Apr-93 0 0

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