A Long-Term View of Memorial Week

The week of Memorial Day has shown some bullish seasonal tendencies over the years.  This can be seen in the chart below.

There was no substantial edge apparent throughout the 70s, but starting in 1983 you’ll note a bullish tendency.  The last 2 years have not followed suit, though.  A more detailed breakdown of Memorial Day week was shown in this weekend’s Subscriber Letter.  (Click here for a free trial.)