Happy 13th!

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dshort.com


"Yesterday I saw an article on Friday the 13th performance in the S&P 500 since 1991 (Friday the 13th to Save the Week?). It inspired me to take a longer look back using the Dow since 1900. So, in the spirit of market trivia (and with no implied forecast for today's close) here's what I found. Incidentally, that top 2.66% gain on Friday, December 13th of 1929 was preceded by a Thursday decline of -5.92%. Still the Friday rally held the week's loss to a mere -4.04% and trimmed the loss since the 1929 high to -34.5%. Unfortunately this legendary Dow Crash would fall another 83.49% to rock bottom in July 1932."

 

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