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Tuesday, July 04, 2023 10:26:41 AM
DJIA has declined 9 of last 12 on day after July 4th
By: Almanac Trader | July 3, 2023
Trading ahead of the July 4th Independence Day holiday has historically been stronger than the day(s) after the holiday. This has become more pronounced in recent years and was the case again this year. However, over the past twelve years since 2011, trading after Independence Day has softened notably. DJIA has declined nine times in 12 years on the day after. S&P 500 has slipped seven times. Average performance remains fractionally positive. NASDAQ and Russell 2000 have been modestly better.
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DiscoverGold
By: Almanac Trader | July 3, 2023
Trading ahead of the July 4th Independence Day holiday has historically been stronger than the day(s) after the holiday. This has become more pronounced in recent years and was the case again this year. However, over the past twelve years since 2011, trading after Independence Day has softened notably. DJIA has declined nine times in 12 years on the day after. S&P 500 has slipped seven times. Average performance remains fractionally positive. NASDAQ and Russell 2000 have been modestly better.
Read Full Story »»»
DiscoverGold
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