President Trump: The NEW one and only politics thread

Note friday.

It is almost - ALMOST - like you have no idea of what you are talking about.

Best Day of the Week to Buy Stock: Monday
There are some who believe that certain days offer systematically better returns than others, but over the long run, there is very little evidence for such a market-wide effect. Still, people believe that the first day of the work week is best. It's called the Monday Effect. For decades, the stock market has had a tendency to drop on Mondays, on average. Some studies have attributed this to a significant amount of bad news that is often released over the weekend. Others point to investors' gloomy mood at having to go back to work, which is especially evident during the early hours of Monday trading. Since the Monday Effect has been made public and information has diffused through the market about it, the impact has largely disappeared. The chart below shows that while Mondays on average have marked negative returns for the S&P 500 in 2018, the effect is very small.

 

We're going to miss your necessary conservative voice again.

 

I made no argument that, on average, Fridays were likely to be a down day, or the best day to buy.

I said that when we're in a period of velocity, and traders are jittery, they might not want to go home long over a weekend.

And, we actually see the opposite sometimes happen in a bull market. Fridays can be big up days, as people don't want to miss out, or go home short.

But, yeah, in a period where a simple statement regarding trade with China can be a big deal, there will be people who don't want to hold a position over a weekend, when news might break.

 

What'd I do?

I thought I was criticizing Ragu the poster, not Ragu the moderator. Which hat is he wearing this morning?

If you can get banned for that post, this place really is sad.

 

You said Fridays are particularly gruesome. In a volatile market. Which 2018 is.
And Fridays are THE BEST TRADING DAY OF THE WEEK. NOT GRUESOME. BEST.

 

Yet you keep coming back, week after week after week, to this sad 'ol place.

Why would that be?

 

Because his alternative place has less traffic than this sad 'ol place?

 

Hey, dumbass.
Show your trading confirmations for 2018.

Lets see all your buys on the dips.