|
|
Wall Street History
https://www.gofundme.com/s3h2w8
|
11/11/2005
More Market Trends and Stats
Here are some tidbits from the 2006 Stock Traders Almanac that may be of interest to you stock jocks out there.
Performance: Days of the Week
[Using S&P 500 % of time market finished higher than previous day]
June 1952 December 1989
Monday 44.3 Tuesday 51.6 Wednesday 57.0 Thursday 52.9 Friday 57.9
But then there was a reversal.
January 1990 July 2, 2005
Monday 55.3 Tuesday 50.4 Wednesday 53.1 Thursday 50.5 Friday 52.9
The Best and Worst Hours
Looking at the performance of the Dow Jones from Jan. 1987 thru July 1, 2005:
The best hour is 3:00-4:00 PM
The worst hour is 2:00-3:00 PM
Nasdaq
There is a distinctive pattern for this index, which first came out Feb. 5, 1971.
Wednesday thru Friday has historically been superior to Monday and Tuesday.
For example:
Nasdaq 1971-1989
Monday 41.1 Tuesday 51.1 Wednesday 62.7 Thursday 64.2 Friday 67.3
1990 July 1, 2005
Monday 52.8 Tuesday 52.5 Wednesday 57.6 Thursday 55.2 Friday 55.2
---
Best Point Gains Dow Jones, since 1901
3/16/2000 DJIA close: 10630 +499 7/24/2002 .8191 +488 7/29/2002 .8711 +447 4/5/2001 ...9918 +402 4/18/2001 10615 +399
*Best percentage gain 10/21/1987 +186, 10.1% (two days after the Crash), since 1950. [There were four days during the period 1929 1933 with gains of 11.4% to 15.3%.]
Worst Point Losses Dow Jones, since 1901
9/17/2001 DJIA close: 8920 -684 4/14/2000 10305 -617 10/27/1997 7161 -554 8/31/1998 ..7539 -512 10/19/1987 1738 -508
*Worst percentage loss 10/19/1987 -508, -22.6% [The Crash, and its not even close. Next worst day was an 8.0% loss a week later, 10/26/1987, since 1950. During the 1929 Crash, there were three days with losses of 9.9% to 12.8%, 10/28/29 11/6/29.]
Best Point Gains Nasdaq, since 1971
1/3/2001 Nasdaq close: 2616 +324 12/5/2000 .2889 +274 4/18/2000 .3793 +254 5/30/2000 .3459 +254 10/19/2000 3418 +247
*Best percentage gain 1/3/2001 14.2%
Worst Point Losses Nasdaq
4/14/2000 Nasdaq close: 3321 -355 4/3/2000 ..4223 -349 4/12/2000 3769 -286 4/10/2000 4188 -258 1/4/2000 ..3901 -229
Worst percentage loss 10/19/1987 -46, 11.4%
Wall Street History returns next week.
Brian Trumbore
|
|
|