The Strangest Market Stat You’ll Read All Day
July 20, 2007
The Strangest Market Stat You’ll Read All DaySince the beginning of the 2006, here are the cumulative S&P 500 returns by days of the week:
Monday 1.40%
Tuesday -0.36%
Wednesday 18.72%
Thursday 4.36%
Friday -0.61%So what’s the deal with Hump Day? It’s responsible for over
three-quarters of the S&P 500’s return. And today’s data point will
make it even more.
Told ya it was a strange stat.
