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Below are tables that summarize the best trading strategies for gains on Monday.

The data was gathered from February of 1993 through January of 2005.  Over this period, the average stock gained about .03% per Monday...an annualized gain of 8%.  

So...what are the most interesting results in these tables?...

1)  Monday sessions are less of a bottom-fishing environment than, say, Wednesday.  

2)  Keeping the above-mentioned caveats in mind, if the previous session (usually Friday, of course) was strong, the positivity tends to carry over into Monday.  Likewise, negative Fridays predict negative Mondays.

3)  Mondays tend to be strong if they fall on the 13th or 14th day of the month.  They've tended to be weak on the 17-20th, as well as the 24th and 25th.  Again, remember our caveats here.

4)  If the Monday falls after the 27th of the month and the previous session was strongly negative, the stock in question will tend to lose.  This is a bit of an odd result, since the end of the month tends to be a positive period for stocks in general.  As stated in our caveats, however, the statistical significance here is exaggerated by our software.

5)  As is often the case, a high "high-close" or low "close-low" differential in the previous session predicts gains.

6)  Tech stocks are strong following nice index gains on Friday.  Healthcare and drug companies tend to lose following index losses.

Date(ymd): 050128
Average Gain: 7.35
Group Stdev: 52.86
Market Focus: 2.7+4.2
(0.00000, 0.00000)
Market Focus5: 2.1+2.2
p=n=r=1, period = 30
Top Gaining Groups
377.84 day_of_month 13.00 to 16.00 (5)+ recent_std 0.05 to 0.25 (10)
365.80 day_of_month 25.00 to 28.00 (9)+ yest_market 1.19 to 3.76 (10)
360.41 move_ave5 -0.68 to -0.03 (1)+ yest_market 1.19 to 3.76 (10)
358.59 yest_market 1.19 to 3.76 (10)+ prcvd_risk 5.74 to 240.93 (10)
350.46 close-low -0.00 to 0.00 (1)+ momentum -99.27 to -28.78 (1)
336.85 day_of_month 25.00 to 28.00 (9)+ slice3 -17.36 to -0.72 (1)
335.94 day_of_month 7.00 to 10.00 (3)+ yest_market 1.19 to 3.76 (10)
329.37 high-close 4.05 to 56.00 (10)+ big_vslice -2377.24 to -877.91 (5)
321.57 day_of_month 13.00 to 16.00 (5)+ stdev 0.05 to 0.18 (10)
312.70 industry 72.22 to 77.20 (7)+ yest_market 1.19 to 3.76 (10)
Losing Groups
-435.18 day_of_month 28.00 to 31.00 (10)+ yest_market -6.09 to -1.20 (1)
-395.12 slice97 -18.02 to -0.74 (1)+ yest_market -6.09 to -1.20 (1)
-343.70 close-low 4.41 to 54.73 (10)+ volume10_60 -0.96 to -0.44 (1)
-332.99 day_of_month 1.00 to 4.00 (1)+ yest_market -6.09 to -1.20 (1)
-328.88 big_vslice 13313.43 to 183578.94 (10)+ yest_market 0.08 to 0.25 (6)
-308.49 close-low 4.41 to 54.73 (10)+ ptotal 0.68 to 1.18 (8)
-302.56 slice47 -17.06 to -0.54 (1)+ yest_market -6.09 to -1.20 (1)
-289.03 high-close -0.00 to 0.00 (1)+ stdev 0.04 to 0.05 (9)
-287.34 close-low 4.41 to 54.73 (10)+ yest_market -6.09 to -1.20 (1)
-286.12 industry 61.17 to 65.58 (5)+ yest_market -6.09 to -1.20 (1)
Date(ymd): 050128
Average Gain: 7.66
Group Stdev: 31.97
Market Focus: 4.4+3.9
(0.00000, 0.00000)
Market Focus5: 2.9+2.7
p=n=r=1, period = 30
Top Gaining Groups
248.09 close-low -0.00 to 0.22 (1)+ recent_std 0.03 to 0.25 (5)
218.22 high-close 2.67 to 56.00 (5)+ markcap_est 0.32 to 45.45 (1)
203.87 gain1 -71.38 to -1.59 (1)+ markcap_est 0.32 to 45.45 (1)
201.30 close-low -0.00 to 0.22 (1)+ stdev 0.04 to 0.18 (5)
200.34 close-low -0.00 to 0.22 (1)+ prcvd_risk 3.11 to 240.93 (5)
192.47 high-close 2.67 to 56.00 (5)+ yest_market 0.70 to 3.76 (5)
189.45 industry 72.22 to 89.09 (4)+ yest_market 0.70 to 3.76 (5)
186.79 recent_price 0.56 to 10.50 (1)+ close-low -0.00 to 0.22 (1)
178.77 mov_ave100 -0.83 to -0.08 (1)+ yest_market 0.70 to 3.76 (5)
177.26 markcap_est 0.32 to 45.45 (1)+ move_ave5 -0.68 to -0.02 (1)
Losing Groups
-213.22 close-low 2.86 to 54.73 (5)+ yest_market -6.09 to -0.68 (1)
-197.01 stdev 0.04 to 0.18 (5)+ yest_market -6.09 to -0.68 (1)
-183.28 close-low 2.86 to 54.73 (5)+ markcap_est 0.32 to 45.45 (1)
-177.17 industry 61.17 to 72.22 (3)+ yest_market -6.09 to -0.68 (1)
-174.67 volume10_60 -0.96 to -0.31 (1)+ yest_market -6.09 to -0.68 (1)
-172.88 close-low 2.86 to 54.73 (5)+ volume10_60 -0.96 to -0.31 (1)
-170.41 close-low 2.86 to 54.73 (5)+ gain2 -0.38 to 0.34 (3)
-168.89 yest_market -6.09 to -0.68 (1)+ prcvd_risk 3.11 to 240.93 (5)
-167.50 high-close -0.00 to 0.11 (1)+ stdev 0.04 to 0.18 (5)
-166.05 high-close -0.00 to 0.11 (1)+ recent_std 0.03 to 0.25 (5)
Date(ymd): 050128
Average Gain: 7.83
Group Stdev: 29.99
Market Focus: 2.4+5.0
(0.00000, 0.00000)
Market Focus5: 1.2+1.1
p=n=r=1, period = 30
Top Gaining Groups
155.10 high-close 6.12 to 56.00 (25)
144.09 close-low -0.00 to 0.00 (1)
134.36 big_vslice -126764.68 to -31638.70 (1)
129.92 close-low 0.00 to 0.00 (3)
117.97 yest_market 1.39 to 1.93 (24)
115.53 yest_market 1.93 to 3.76 (25)
113.43 break_ave -84.18 to -27.66 (1)
108.93 day_of_month 13.00 to 14.00 (11)
108.66 mov_ave20 -0.78 to -0.12 (1)
102.82 slice3 -17.35 to -1.08 (1)
Losing Groups
-216.57 yest_market -1.04 to -0.83 (4)
-142.77 yest_market -6.09 to -2.11 (1)
-139.75 day_of_month 24.00 to 25.00 (20)
-104.20 yest_market -2.11 to -1.40 (2)
-99.75 high-close -0.00 to -0.00 (1)
-94.17 day_of_month 17.00 to 18.00 (14)
-86.49 high-close -0.00 to 0.00 (2)
-80.50 high-close 0.00 to 0.00 (4)
-71.21 high-close 0.00 to 0.11 (5)
-69.01 day_of_month 19.00 to 20.00 (16)
Date(ymd): 050128
Average Gain: 7.88
Group Stdev: 21.18
Market Focus: 3.3+2.8
(0.00000, 0.00000)
Market Focus5: 1.2+0.7
p=n=r=1, period = 30
Top Gaining Groups
118.69 close-low -0.00 to 0.00 (1)
101.61 yest_market 1.19 to 3.76 (10)
80.89 high-close 4.05 to 56.00 (10)
77.86 big_vslice -126764.68 to -18457.96 (1)
73.29 slice3 -17.35 to -0.72 (1)
70.42 day_of_month 13.00 to 16.00 (5)
68.53 volume10_60 0.57 to 4.06 (10)
66.99 close-low 0.00 to 0.22 (2)
64.90 yest_market 0.70 to 1.19 (9)
59.39 resist2 -1.00 to -0.22 (1)
Losing Groups
-93.35 yest_market -6.09 to -1.20 (1)
-85.80 yest_market -1.20 to -0.68 (2)
-81.96 high-close -0.00 to 0.00 (1)
-73.75 high-close 0.00 to 0.11 (2)
-47.25 close-low 2.86 to 4.41 (9)
-45.45 close-low 4.41 to 54.73 (10)
-44.81 ptotal 2.05 to 12.15 (10)
-43.17 day_of_month 19.00 to 22.00 (7)
-41.85 momentum -28.78 to -17.31 (2)
-40.05 day_of_month 16.00 to 19.00 (6)
Date(ymd): 050128
Average Gain: 7.91
Group Stdev: 17.01
Market Focus: 3.2+4.2
(0.00000, 0.00000)
Market Focus5: 0.8+1.2
p=n=r=1, period = 30
Top Gaining Groups
90.79 close-low -0.00 to 0.22 (1)
82.62 yest_market 0.70 to 3.76 (5)
55.47 volume10_60 0.30 to 4.06 (5)
55.01 high-close 2.67 to 56.00 (5)
51.08 slice3 -17.35 to -0.42 (1)
41.14 vstock_ind -3984.54 to -1.84 (1)
40.87 big_vslice -126764.68 to -9441.34 (1)
35.17 stock_ind -0.62 to -0.22 (2)
34.73 ptotal -9.89 to -1.27 (1)
34.49 big_pslice 233.38 to 7004.30 (5)
Losing Groups
-88.36 yest_market -6.09 to -0.68 (1)
-78.44 high-close -0.00 to 0.10 (1)
-46.33 close-low 2.86 to 54.73 (5)
-41.29 ptotal 1.18 to 12.15 (5)
-36.66 day_of_month 19.00 to 25.00 (4)
-29.87 stock_ind 0.57 to 5269.28 (5)
-27.81 volume10_60 -0.96 to -0.31 (1)
-26.55 open-yclose -69.74 to -0.71 (1)
-23.52 big_pslice -241.02 to -40.94 (2)
-23.47 vslice47 0.06 to 0.48 (5)

 

 

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