For the week of 7-11 April (Part 1 of 2)
Here is a long-term view, showing us 100 events for each day of the week. When compared to the last 10 events (what I usually post) we can see things tend to smooth out closer to the 50 percentile range. It's important to remember these statistics are applied to the S&P 500 during a bull market. This overall theme may not apply to other indexes, stocks or timeframes during bear markets. Also, keep in mind each day of the week is tracked separately, meaning I don't just grab a Monday and add the next 4 market days, I filter out all days of the week separately, grabbing the last 100 events of each.
Monday is the best day to buy, with the weakest winning ratio of 46% and an average gain of -0.6%
Tuesday is the best day to sell, with the strongest winning ratio of 62% and an average gain of .20%
Attachment 27997
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