Thursday, January 5, 2012

Bias in the market.

Hey folk

Do you know that there are certain bias on days of the week, months and also first day of every month in the S&P500??

If you tabulate the data, to buy on the close of the last day of the month and sell on the close of the first day of the month, there are almost 60% you made money. Probably the 401K or pension funds entering the market at that point of time.

The prefer buy day at the open and hold to the close for the week are Monday, tuesday.

The rest sort it out yourself.