New Members: Be sure to confirm your email address by clicking on the link that was sent to your email inbox. You will not be able to post messages until you click that link.

Does the $SPX usually rise just before Memorial Day>

??????????

Best Answer

  • markdmarkd mod
    Accepted Answer
    Check the $SPX chart.

    You can use the "range" option under the chart on the chart workbench to "select start/end" - use dates a few days before and a few days after and change the year each time.

Answers

  • lmkwinlmkwin ✭✭
    You can also search the Blog posts on StockCharts for Memorial Day to see if anyone discussed holiday seasonality. There are a few articles there.

    from 2020 "This week could be an important time as it is the week before a long weekend (Memorial Day on Monday) and periods around holidays can mark reversals in the market."

    from 2018
    "Historical Tendencies
    After the close today, Wall Street turns to a seasonally bullish period. The following are the NASDAQ annualized returns since 1971 for each of calendar days within the period (May 26 through June 5):

    May 26 (Saturday): +69.37%
    May 27 (Sunday): +139.95%
    May 28 (Monday - Memorial Day): +50.81%
    May 29 (Tuesday): -42.08%
    May 30 (Wednesday): +33.43%
    May 31 (Thursday): +16.98%
    June 1 (Friday): +65.17%
    June 2 (Saturday): +113.56%
    June 3 (Sunday): -47.15%
    June 4 (Monday): +59.92%
    June 5 (Tuesday): +85.75%"

Sign In or Register to comment.