Trading Secrets

chapter 14

Days like these

Sometimes the stock market behaves rather oddly on certain days of the year. It therefore pays to know when this could happen and, more importantly, how to profit from such apparent market anomalies.

Friday the 13^th – lucky for some

Friday the 13^th has a long history of being seen as an unfavourable day, not least in the Judaeo-Christian world. If investors are superstitious, too, then this could impact returns from the stock market when the 13^th day of the month falls on a Friday. Fortunately, the mood of investors does not appear to take a superstitious turn for the worse on these days at all. In fact, a series of academic studies have shown that returns are actually significantly higher when the 13^th day of ...