Stock Trader's Almanac 2015 by Hirsch & Yale Hirsch

Author:Hirsch & Yale Hirsch [Hirsch, Jeffrey & Hirsch, Yale]
Language: eng
Format: epub
ISBN: 9781118988329
Publisher: Wiley
Published: 2014-09-05T00:00:00+00:00

DOW JONES INDUSTRIALS, S&P 500, AND NASDAQ AVERAGE MONTHLY % CHANGES BY QUARTER

JULY

2013 DAILY DOW POINT CHANGES(DOW JONES INDUSTRIAL AVERAGE)

JULY

DON'T SELL STOCKS ON MONDAY OR FRIDAY

Since 1989, Monday,* Tuesday, and Wednesday have been the most consistently bullish days of the week for the Dow, Thursday and Friday* the most bearish, as traders have become reluctant to stay long going into the weekend. Since 1989 Mondays, Tuesdays, and Wednesdays gained 13747.11 Dow points, while Thursday and Friday combined for a total loss of 527.18 points. Also broken out are the last 13 and a third years to illustrate Monday's and Friday's poor performance in bear market years 2001–2002 and 2008–2009. During uncertain market times traders often sell before the weekend and are reluctant to jump in on Monday. See pages 68, 80, and 141–144 for more.

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