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Interesting Stock Market Trivial

Interesting Stock Market Trivial



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Published by Jason Ng
Read 10 interesting US Stock Market trivial that all traders ought to know about.
Read 10 interesting US Stock Market trivial that all traders ought to know about.

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Published by: Jason Ng on Jan 27, 2009
Copyright:Attribution Non-commercial


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Interesting Stock Market Trivial
As a professional, full time trader and hedge fund manager, I am always lookingfor interesting trivial in the US stock markets. Here is a list of 10 of the mostinteresting ones that I have collected so far.
Chances are better than 2 to 1 that in the next time period, the stockwill move in the same direction it did in the last time period.
If a stock makes a large move (over 10%) in a single month period, theodds are greater than 2 to 1 that it will move in the opposite direction inthe next monthly period.
Trends tend to persist for a significant period of time, therefore bettingagainst the trend is dangerous.
Friday is the best day for the market, and Monday is the worst. Fridayshave averaged an increase of 0.085% while Mondays have averaged adecrease of 0.089% over the last 50 years.
For the past 50 years, the gain in the Dow-Jones Industrial averageduring the first six calendar days of each month has been greater thanthe entire gain for the month.
Over the past 50 years, chances are a better than 2 to 1 that the Dowwill rise on Christmas Week against the previous week. We call this the“Santa Claus Rally”.
Over the past 4 years (2001 – 2005) , the stock markets have fell onthe last trading day before Christmas.
The lowest level the Dow has ever gone to is 40.60 points on 3
July1933.9.The Dow Jones Industrials Index has existed since 1915 while theNasdaq Composite Index has only existed since 1990.

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