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[TSP_Strategy] Oct 28 - Best Day of the Year

 


October 28 is the Best Day of the Year

By Ryan Detrick 

October 28th is the best day of the year if you go back to 1950.  Why is this?  My best guess is it is because it is also my birthday.

As you can see here, it is up +0.54% on average.  November 24th (around Thanksgiving) and the day after Christmas are also usually strong.  

Here are all the daily returns on average since 1950.  Again, tomorrow is the best day on average.  

Looking at the past 30 years, this day has been lower just three times.  

Chris Kimble and I are doing a webinar on Wednesday looking at current seasonality trends, among other things.  Stats like above and more will be discussed.  

Did you know the best five days of the year start today?  I won't give much away here, but buying on October 27 and holding for five days has resulted in a 1.72% gain - the best 5-day return the whole year.  We will go over many unique seasonality trends and what we are seeing in various global markets right now.  What we like and what we'd avoid. 


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Neither the TSP Strategy group, nor individual members, are licensed or authorized to provide investment advice. Any statements made herein merely reflect the personal opinions of the individual group member. Please make your own investment decisions based upon your personal circumstances.

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