Tuesday 29 April 2014

tomorrow is FOMC !

hello,

Below, found on the web very interesting phenomenon :)

The Dow is now practically unchanged year-to-date... but ex-Tuesdays is down over 7%. Despite stocks hitting new highs, treasury yields continue to slide, gold is up, and credit markets are not making new tights.

Just remember, when it comes to investing, "it's not the economy, stupid! It's Tuesday.. oh and tomorrow is FOMC."

Year-to-date - it's all Tuesday...

chart 1. Dow in 2014 vs. Dow in 2014 (ex-Tuesdays); 2014-04-29
chart 2. Average daily performance for the Dow in 2014; 2014-04-29

chart 3. Tuesday - 2014 YTD Performance

regards,
oscarjp

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