{"id":49067,"date":"2009-11-26T07:34:00","date_gmt":"2009-11-26T12:34:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/black-friday-is-a-day-for-the-bulls-2009-11"},"modified":"2009-11-26T07:34:00","modified_gmt":"2009-11-26T12:34:00","slug":"black-friday-is-a-day-for-the-bulls","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/49067","title":{"rendered":"Black Friday Is A Day For The Bulls"},"content":{"rendered":"

\"clueless<\/p>\n

As an interesting factoid, the S&P 500 and Nasdaq have risen, historically, on 61.9% and 71.4% of Black Friday trading days according to the Stock Trader’s Almanac.<\/p>\n

The Dow has gone up only 47.6% of the time, but who looks at the flawed Dow index these days.<\/p>\n

Looking to December, the S&P500, Nasdaq, and Dow historically rose 1.7%, 1.9%, and 1.7% respectively on average during this final month.<\/p>\n

Yet in a post election-year they’ve barely broken even on average, rising just 0.3%, 0.2%, and 0.8%.<\/p>\n

Regardless, for many the trading year has probably already ended. No need to push one’s luck after the stock market rally we’ve seen to date.<\/p>\n

Happy Thanksgiving.<\/p>\n

(Dow & S&P since 1950, Nasdaq since 1971, via Stock Traders Almanac 2009)<\/em><\/p>\n

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