The Bullish History of Thursday After Memorial Day

A few days ago I examined Memorial Day week seasonality. After exhibiting a positive bias for many years, the last four years have struggled. But that has not been the case on the Thursday after Memorial Day. Thursday has maintained a steady upward bias. This is illustrated in the chart below.

2014-05-29 image1

Single-day seasonality can certainly be overrun by other forces, but the Thursday after Memorial Day has been a good one for many years, and that may be something that traders want to consider today.


Want research like this delivered directly to your inbox on a timely basis? Sign up for the Quantifiable Edges Email List.