• Thu. Apr 25th, 2024

Almanac Trader — Weakness on Tuesday After Labor Day – DJIA and S&P…

Byadmin

Sep 2, 2022 , , , ,
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In the last 21 years, only Russell 2000 has registered
an average gain of 0.03% on the Tuesday after the long Labor Day weekend. DJIA,
S&P 500 and NASDAQ have struggled with negative average performance. DJIA,
S&P 500 and Russell 2000 all have fallen for the last five years on Tuesday.
On Wednesday the market’s performance has been varied. DJIA has performed the
best, up 71.4% of the time with an average gain of 0.30%. S&P 500 is weakest,
up only 47.6% of the time with an average gain of 0.29%. NASDAQ has a better
record up 52.4% of the time on Wednesday, but a smaller average gain of 0.26%.

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Image and article originally from jeffhirsch.tumblr.com. Read the original article here.