Contact Us
Make My Homepage

Monday Is A Down Day For Stocks [AUDIO]

Monday is the only business day in the week that has historically come out a loser for the stock market, with the Dow finishing down 52 percent of the time over the past 84 years.

Spencer Platt, Getty Images

The Dow’s been down 11 of the past 12 Mondays.

Mercer County stock expert Ken Kamen says he’s not sure this has a lot of relevance for investors. He speculates that perhaps over the weekend you get a chance to reflect on your investments and do a little bit of home work. And come Monday morning, he says you come in and maybe you continue that homework with some data searching and then you’re ready to invest by Tuesday.

Taking a positive spin, Kamen says, because stocks are going to be down historically on Mondays – you would rather buy them cheaper than expensive. So Monday seems as good a time as any.

He says, “If you’re going to average into the market over time, you might as well make Monday your day to purchase stock.”

But Kamen adds, “Everyone kind of shakes their head that we keep climbing this, “wall of worry”, and then they have the weekend to reflect on that and they say, ‘okay, this might be the week in which things aren’t going to go well and they take Monday off, so to speak.”

The theory is also advanced that sometimes, when a company has bad news to disseminate, they hold off release till after the market closes on Friday evening. And the fallout from the news hits Wall Street on….Monday.

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

Best of the Web


Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://nj1015.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here.

Sign up for an account to comment, share your thoughts, and earn points to get great prizes.

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!