Web Statistics Why The Stock Market Goes Up On Tuesdays

Tuesday, 16 April 2013

Why The Stock Market Goes Up On Tuesdays



The Dow Jones Industrial Average closed in the green on Tuesday, marking the fourteenth consecutive time the index rises on the second trading day of the week. Its a good stat to know.

djia chart
djia chart


So far this year, Tuesday has been the best day of the week, with an average increase of 0.46 percent. And the second best? Friday, with a gain of 0.33 percent. 

chart shorts days with price movement
chart shorts days with price movement


On the other hand, Monday has been the only negative day, with the Dow falling in 9 of the last 13 instances. Tuesday also marks the year's 72nd trading session that the Dow avoids a three-day losing streak.

The last time the Dow went this far into the start of a year without a three-day losing streak was 1930. But that streak didn't help much since the index finished the year with a loss of almost 34 percent.


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