Days the S&P 500 is most likely to be up

By Kin Talk on Thursday, December 26, 2013 with 1 comment

The market is usually quite tepid going into the last week of the year, despite the holiday season being historically good for U.S. stocks. But there is one day that really sticks out for traders and that is today – the day after Christmas.
We have to thank Bespoke Investment Group for this insightful bit of research. It is summarized in the table below. As you will see, Boxing Day goes down as the day most likely for the S&P 500 index to have an up day.

              
There are two more things that I want to point out as it relates to the table. One is that the first day of the month is noticeably a good day for the S&P 500 on three separate occasions (4/1, 7/1, 9/1). Moreover, two of these three days (4/1, 7/1) also happen to be first day of the quarter.
When looking at what the S&P has in store for us for 2014, August 17 is a date that traders will have to mark on their calendar. This is actually the next best day after December 26 for the S&P 500 and it has soared 77% of the time on this day when looking at it historically.

Going back to 1954, the S&P 500 has averaged a 0.35% gain with positive returns nearly 80% of the time when the market is open. In this time period, the market has actually been open for 47 days. 

Category: Featured Articles , Market Events

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1 comments:

Neha Agrawal said...
December 15, 2016 at 1:44 AM

I got very useful market updates from here. Traders have to follow Epic Research for avoiding risk of investment by using such updates and trading tips.

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