The popularity of old adage that "the last trading day of the month plus the first four of the following month were the best days of the month." This study allows traders to test this knowledge, by simply looking at a chart. Use the SYMBOL menu to choose which market you are looking at, and choose the DATES menu to choose a starting and stopping date (left and right).
After hitting the GET REPORT button, you will see a graphic interpretation of the percentage that specific trading numbers tend to increase or decrease, regardless of the calendar month. This report synthesizes all months to a 21 trading day month, which is the average number of trading days across the calendar.
This report is useful for discovering
The normal money flow of the market throughout the year for the specific index or sector you are looking at.
When, historically, is the best time to time purchases or sales based on the calendar effect of the stock market - on a specific index or group basis.