Dow’s Return by Day of the Week/Month
Here’s the Dow’s average return by day of the week/month. You can tell I’ve been busy with my spreadsheets.
There are a total of 156 different day-week combinations. (Friday the 13th isn’t so bad.) There was a brief trading session on Saturdays up to the 1950s.
The Dow’s best day is Wednesday the 4th which barely beats out Wednesday the 1st. The worst day is Monday the 25th.
Days |
Monday |
Tuesday |
Wednesday |
Thursday |
Friday |
Saturday |
1st |
0.070% |
0.098% |
0.274% |
0.053% |
0.215% |
0.160% |
2nd |
0.085% |
0.142% |
0.096% |
0.177% |
0.248% |
0.122% |
3rd |
0.087% |
0.010% |
0.159% |
-0.073% |
0.243% |
0.136% |
4th |
-0.078% |
0.036% |
0.274% |
-0.052% |
0.074% |
0.129% |
5th |
0.092% |
0.134% |
0.033% |
0.014% |
0.060% |
0.135% |
6th |
-0.018% |
0.216% |
0.128% |
0.096% |
0.096% |
0.051% |
7th |
-0.051% |
-0.145% |
0.012% |
-0.061% |
-0.069% |
0.100% |
8th |
-0.146% |
0.017% |
0.053% |
0.056% |
0.016% |
-0.226% |
9th |
-0.146% |
-0.176% |
-0.064% |
0.017% |
-0.018% |
0.115% |
10th |
0.006% |
-0.047% |
-0.048% |
0.064% |
0.048% |
0.238% |
11th |
-0.018% |
0.074% |
-0.046% |
0.064% |
0.030% |
-0.141% |
12th |
0.002% |
-0.119% |
0.015% |
-0.151% |
0.003% |
-0.439% |
13th |
-0.035% |
-0.021% |
0.012% |
0.012% |
0.057% |
0.082% |
14th |
0.028% |
0.049% |
-0.091% |
-0.004% |
0.128% |
0.142% |
15th |
-0.103% |
0.042% |
0.145% |
0.002% |
0.073% |
0.157% |
16th |
-0.124% |
0.253% |
-0.013% |
0.190% |
0.066% |
0.046% |
17th |
-0.139% |
0.175% |
0.040% |
0.157% |
-0.004% |
-0.047% |
18th |
-0.254% |
0.129% |
-0.019% |
0.055% |
-0.087% |
0.129% |
19th |
-0.248% |
-0.095% |
-0.056% |
-0.025% |
-0.062% |
0.048% |
20th |
-0.125% |
0.135% |
-0.012% |
-0.044% |
0.039% |
0.102% |
21st |
-0.134% |
-0.046% |
0.066% |
-0.024% |
0.022% |
-0.103% |
22nd |
-0.119% |
-0.022% |
-0.079% |
0.015% |
0.021% |
0.030% |
23rd |
-0.161% |
-0.112% |
0.068% |
-0.045% |
0.052% |
-0.015% |
24th |
-0.118% |
0.088% |
0.119% |
-0.151% |
0.018% |
0.110% |
25th |
-0.318% |
-0.010% |
0.099% |
-0.048% |
0.011% |
-0.080% |
26th |
-0.158% |
0.149% |
0.115% |
0.003% |
0.132% |
0.086% |
27th |
-0.179% |
-0.037% |
0.106% |
0.149% |
-0.118% |
0.147% |
28th |
-0.130% |
0.084% |
-0.034% |
0.091% |
0.117% |
-0.074% |
29th |
-0.147% |
0.011% |
0.023% |
0.085% |
0.168% |
0.218% |
30th |
-0.054% |
0.209% |
0.089% |
-0.048% |
0.157% |
0.189% |
31st |
-0.018% |
0.030% |
0.043% |
0.033% |
0.068% |
0.096% |
One small footnote. Saturday the 12th really isn’t that bad. It includes December 12, 1914 when the Dow switched to a new index. The market shut down at the advent of World War 1. The Dow folks then started a new index and back-dated it to 1914. As a result, the new index is not continuous with the previous index. In my data, it’s listed as a big drop even though it never really happened.
Posted by Eddy Elfenbein on January 20th, 2021 at 2:58 pm
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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Eddy Elfenbein is a Washington, DC-based speaker, portfolio manager and editor of the blog Crossing Wall Street. His Buy List has beaten the S&P 500 by 102% over the last 17 years. (more)
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