Bull Day, Bear Day, and Bill Day

No trend lasts forever but the market has been climbing since June with the help of all those big white candles that are circled in the chart below.   Each of these "up" days represent a 20 point or more gain for the S&P.  88% of these days, or 7 out of 8, occurred on Thursday or Friday. Four of these 20-plus point days occurred on Friday and three occurred on Thursday. The other 20-plus point day occurred on a Wednesday.

The average point gain for Fridays over the last three and a half months has been 9.2, while the average point gain for Mondays has been
 -4.5.

Although there has been 16 Fridays and only 14 Mondays in this time period, the total point gain for the Fridays is a healthy 147.6 while the Mondays total -63.6.


Lots of numbers so I'll summarize...Bears rule Mondays, Bulls rule Fridays.

Here is a demonstration of how the bulls and bears duke it out on any given day... http://www.youtube.com/watch?v=hg6rqDX-1wQ



I wonder who the bull is, who the bear is, and what day it is? We know its a school day based on the proper fight etiquette displayed by both fierce competitors.

Sort of a related post (an oldie but a goodie.)...Have a 5678 2010!