We’ve discussed the Tuesday effect here a bunch (see: Buy Monday, Sell Tuesday), my theory is that it is a result of Monday’s inbound equity market inflows into retirement accounts and such that forces mutual fund PMs to put it to work the next morning. Every weekend that people have gotten back to work from, without the world exploding, has led to another Monday’s worth of cash shoveling into the furnace.
Anyway, here’s Andrew Horowitz’s hilarious chart of Dow Jones and S&P returns if we net out the effect of Tuesday performance this year – that’ll teach you not to time markets intra-week!

and …

Source:
Chart o’ the Day: Buy Monday, Sell Tuesday. (TRB)
… [Trackback]
[…] Find More on that Topic: thereformedbroker.com/2013/06/04/subtracting-tuesdays-a-very-different-picture/ […]
… [Trackback]
[…] Info on that Topic: thereformedbroker.com/2013/06/04/subtracting-tuesdays-a-very-different-picture/ […]
… [Trackback]
[…] Read More on on that Topic: thereformedbroker.com/2013/06/04/subtracting-tuesdays-a-very-different-picture/ […]
… [Trackback]
[…] There you will find 96131 more Information to that Topic: thereformedbroker.com/2013/06/04/subtracting-tuesdays-a-very-different-picture/ […]
… [Trackback]
[…] Find More Info here to that Topic: thereformedbroker.com/2013/06/04/subtracting-tuesdays-a-very-different-picture/ […]
… [Trackback]
[…] Information on that Topic: thereformedbroker.com/2013/06/04/subtracting-tuesdays-a-very-different-picture/ […]
… [Trackback]
[…] There you will find 10941 additional Information to that Topic: thereformedbroker.com/2013/06/04/subtracting-tuesdays-a-very-different-picture/ […]
… [Trackback]
[…] Find More to that Topic: thereformedbroker.com/2013/06/04/subtracting-tuesdays-a-very-different-picture/ […]
… [Trackback]
[…] Find More here on that Topic: thereformedbroker.com/2013/06/04/subtracting-tuesdays-a-very-different-picture/ […]
… [Trackback]
[…] Read More here on that Topic: thereformedbroker.com/2013/06/04/subtracting-tuesdays-a-very-different-picture/ […]