Do Stocks Go Up On Black Friday
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When the S&P 500 got 1% or more the week after Black Friday, the next 3 months balanced a return of 3.9% with over 80% of the returns favorable.
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When next week has actually been down by a percent or more, the index lost approximately 4.6% with simply 33% of the returns favorable.
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Given that 1990, it has actually been bullish, balancing a gain of 0.63% for week compared to a 0.17% gain for other weeks.
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The portion of returns that have actually been favorable is greater than common weeks (66% vs. 56%).
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Monday after Black Friday has actually been a bad day for stocks balancing a loss of 0.23% with 41% of the returns favorable.
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Wednesday and specifically Friday have actually been the days that assisted next week be traditionally bullish
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Friday of next week has actually balanced a gain of 0.58% with 78% of the returns favorable.
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