Did you know that fourth week of actual trading is the best week to be long the market in January?
Since 1960, if you bought the close of the second trading week in January and held for two weeks selling at the end of the fourth week you would have made money 69.64% of the time.
Since 2012, February has been the second best performing month while January has been the second worst?
Since 2012, Friday has been the wrost day of the week; however, looking back as far as 2002 Thursday has been by far the worst performing day of the week.
Sell in May may be true! Since 1960, if you bought the close of April your position would be lower more than half the time after one, two, AND even three weeks later!
For nightly market statistics and daily edges based on seasonality, technical analysis, probabilities, and our trading algorithms please check out our Nightly Algorithm Report. It may be the edge your trading needs to reach your 2016 goals!