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Peter Lynch had the theory Mondays are typically bad for stocks because the weekend just gives...

Peter Lynch had the theory Mondays are typically bad for stocks because the weekend just gives the worrywarts time to worry. Eddy Elfenbein puts the idea to the test and finds the S&P is off 8.23% for all the combined Mondays since April 15, 2011. Tuesdays: The S&P has gained 20.05%.
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Comments (6)
  • Tack
    , contributor
    Comments (14269) | Send Message
     
    In the 24/7 Internet age, there's even more mischief and hysteria that can be generated over a weekend.
    24 May 2012, 07:12 AM Reply Like
  • davidingeorgia
    , contributor
    Comments (2713) | Send Message
     
    Don't forget to consider the residual power of hangovers.
    24 May 2012, 07:19 AM Reply Like
  • TruffelPig
    , contributor
    Comments (4103) | Send Message
     
    After a weekend in Vegas - LOL
    24 May 2012, 07:25 AM Reply Like
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    also facts CAN come out....
    24 May 2012, 07:30 AM Reply Like
  • PhilBLong
    , contributor
    Comments (2) | Send Message
     
    A one year look back period is singificant for a study on markets that are centuries old?
    24 May 2012, 08:32 AM Reply Like
  • nesteggbuilder
    , contributor
    Comments (2) | Send Message
     
    That is why it is called Bulls and Bears. You never know which direction they may run! Rumor spooks the herd!
    24 May 2012, 10:52 AM Reply Like
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