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July 20, 2007 The Strangest Market Stat You’ll Read All Day

Since the beginning of the 2006, here are the cumulative S&P 500 returns by days of the week:

Monday 1.40%
Tuesday -0.36%
Wednesday 18.72%
Thursday 4.36%
Friday -0.61%

So what’s the deal with Hump Day? It’s responsible for over three-quarters of the S&P 500’s return. And today’s data point will make it even more.

Told ya it was a strange stat.

Posted by edelfenbein at July 20, 2007 2:49 PM

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