Cycle Trading

[Duma]

First of all, looking at any chart that does not adjust for dividends. It is a total waste and will make no sense at all.

I set up a scheme last year to estimate daily how much interest I was earning from IB. They also paid once a month like CS, but I wanted to see how much interest I was accruing. I always liked Monday because I had earned 3 days of interest, Fri, Sat, and Sun. Always a nice pop.

The only reason had can come up with for why SGOV jumps on Thur is because the government defers their interest payment by 3 days just because they are the government.

You of course can buy in any time, but the best time to buy is Wed and the worse is Thur. If you hold for a long time, it will work out fine.

So far the buys I have made, I have used a limit order. The asking always turned out to be $.01 above the closing for the day. So in effect you lose one day's worth of interest when you buy. I bought yday at 100.3097, the bid/ask was 100.30/100.31, the close was 100.30, and today it closed at 100.35.

You mentioned 12/14 drop, that was just a dividend being paid which is noted on the chart. Normally the dividends are the 1st of each month. I expect the 14th dividend was really a capital gains dividend.