Hump Day Redux

Yesterday was the 14th time in the last 19 Wednesdays that the S&P has rallied.
The numbers here are truly remarkable. The market is up for 35 of the last 50 Wednesdays. That’s better a better winning percentage than both the Red Sox and Yankees.
Going back to September 28, 2005–that’s an even 100 Wednesdays, the S&P rose 68 times including a run of 13 straight in early 2006. Combined, the other four days of the week are slightly negative.

Posted by on August 30th, 2007 at 9:16 am

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