Update on First Day of the Month
Yesterday was a tough beginning for the month of October. September also started on a downbeat. However, the strategy of investing on the first day of the month has been a big winner this decade.
Cumulatively, the market is up over 20% on the first day of the month while the S&P 500 is still down about 30% for the decade.
Posted by Eddy Elfenbein on October 2nd, 2009 at 11:25 am
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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TSLA and MSFT both -4% AH
ATHs today for JPM, MS and BK
today's newsletter https://cws.substack.com/p/cws-market-review-january-28-2025
Nice earnings from Stryker. $4.01 vs 3.87 est.
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Eddy Elfenbein is a Washington, DC-based speaker, portfolio manager and editor of the blog Crossing Wall Street. His 