The stock market is entering a strong seasonal period where it tends to rise

Traders work at the New York Stock Exchange in New York, the United States, on Dec. 13, 2019.
Xinhua News Agency

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The Monday before Thanksgiving kicks off the holiday season in the United States, and that tends to be a time of celebration for investors.

Since 1995, the S&P 500 has posted a positive return from the start of the Thanksgiving week through the end of the year 19 times, or 76%.

"Markets have seasonal tailwinds in place," Fundstrat's Tom Lee said in a note.