There is an old saying on Wall Street. True or not, I do not know, I read it for the first time today that

“Bear Owns Thanksgiving, Bull Runs Christmas”

I can understand the Bull part, but why bearish during Thanksgiving? And there is only one month in between. Does this mean last quarter of year is when stock in most gyration? So if it were true, then you can buy in Thanksgiving and sell in Christmas and have a happy new year. hmmm…