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Friday, August 31, 2018 7:54:10 AM
Market Historically Stronger After Labor Day than Before
By: Almanac Trader | August 30, 2018
Historically, the Friday before the long weekend was stronger than the day after, but that is no longer the situation. Over the last 21 years, Tuesday has been stronger than Friday based upon average gain. Tuesday will also be the first trading day of September and first trading days also have a solid historical track record of gains. Septembers’ first trading day is not one of the strongest when compared to the other eleven months (page 86, Stock Trader’s Almanac 2018).
http://jeffhirsch.tumblr.com/post/177565535873/market-historically-stronger-after-labor-day-than
• DiscoverGold
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By: Almanac Trader | August 30, 2018
Historically, the Friday before the long weekend was stronger than the day after, but that is no longer the situation. Over the last 21 years, Tuesday has been stronger than Friday based upon average gain. Tuesday will also be the first trading day of September and first trading days also have a solid historical track record of gains. Septembers’ first trading day is not one of the strongest when compared to the other eleven months (page 86, Stock Trader’s Almanac 2018).
http://jeffhirsch.tumblr.com/post/177565535873/market-historically-stronger-after-labor-day-than
• DiscoverGold
Click on "In reply to", for Authors past commentaries
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Your Due Dilegence is a must!
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