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Market Trends and Stats
Brian
Trumbore
President/Editor, StocksandNews.com
Here are some tidbits from the 2006
"Stock Trader's 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 it's 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
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