Independence Day Special: Discover trades ideas

Did you know that... Based on historical data on the S&P 500 index from five trading days before and five trading days after Independence Day, the average daily returns are 0.09%, compared to an average of 0.03% on all days since 1950 (NASDAQ, 2018)?

With the Fourth of July being one of the prime holidays for travel and vacations, I'd think that certain industries pertaining to that – like transportation, lodging, air travel, etc. – would see a boost with higher spending around this period. But since the pandemic's ruining everyone's plans, perhaps the opportunities this year would lie in domestic traveling in America, and also, food and retail (perhaps, $Domino's Pizza (DPZ.US)$ or $The Chefs' Warehouse (CHEF.US)$)! After all, the Fourth of July is probably America's largest cookout holiday!

Or... maybe in space travel ( $Virgin Galactic (SPCE.US)$) since normal air travel's been restricted? 🤔

On a different note, I'd say that what I enjoy most about the Fourth of July, as a foreigner to the USA, is definitely the tradition of cookouts/barbecues. Especially when it's a barbecue in the good ole American style – low and slow barbecuing, like an alchemy of wood, smoke and meat – in my eyes, it's almost an art form in itself!