Hey everyone, welcome back to our channel. This week, in this [Make Money Trading Memorial Day Week] video ๐ฅ, we’re focusing on making money through trading during Memorial Day week. I came across an interesting article on the topic and wanted to share it with all of you. The link to the full article is in our Notes Document in the References below.
The article discusses the trends in trading during Memorial Day week since 1971 and how it has changed since 2010. On average, the S&P index has seen a 0.52% gain during the holiday week compared to a 0.17% gain in a typical week. However, since 2010, the trend has reversed and the index has fallen an average of 0.38% during Memorial Day week. This is a significant change and important to keep in mind while planning your trades.
The author also breaks down the days surrounding Memorial Day, with Friday before the holiday being the most bullish day. Tuesday and Wednesday tend to be negative, while Thursday and Friday tend to be positive, apart from the year 2010. This year, the S&P is already up over 11%, which bodes well for the rest of the year according to the author.
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๐ CHAPTERS ๐
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00:00 – Trading Memorial Day Week
10:47 – BeachBum Trading Sites
11:35 – Discord Invite
๐ TRADING PLATFORMS ๐
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๐ RELATED VIDEOS ๐
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๐ฅ Make Money ๐ฐ Trading Memorial Day Week ๐ช [Weekly Trading Game Plan] 5/27 โ 5/31/24 | Part 1 ๐ https://youtube.com/live/TFCWDeAJKKE
๐ฅ Make Money Trading in May 2024 ๐ https://youtu.be/vPZ14K9ehZk
๐ฅ Make Money Trading in May ๐ https://youtu.be/-n65XIKpWjE
๐ฅ Don’t “Sell in May and Go Away” ๐ https://youtu.be/4P38ANbX_u0
๐ฅ How do the Stock Markets perform in the Month of May? ๐ https://youtube.com/shorts/0MGKlYT6dkE
๐ฅ What are the Best Performing Stock Market Sectors and Industries in the Month of May? ๐ https://youtube.com/shorts/7fZDzwNIE-s
๐ฅ Make Money Trading in the Spring ๐ https://youtu.be/LzzpgZ4UsXw
#MemorialDay #swingtradingstockstrategy #seasonality
๐ REFERENCES ๐
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๐ Weekly Trading Game Plan Notes for 5/27 โ 5/31/24 – Part 1 ๐ https://docs.google.com/document/d/1P2DS_TUZZBM7b89m1hoMPQ17yyma5lUirYYP0Dq-SV0/edit?usp=sharing
๐ โMemorial Day Week: Stocks to Buy and Sellโ ๐ https://finance.yahoo.com/news/memorial-day-week-stocks-buy-120008277.html
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