Almanac Trader

In the last 21 years, only Russell 2000 has registered an average gain of 0.001% on the Tuesday after the long Labor Day weekend. DJIA, S&P 500 and NASDAQ have struggled with negative average performance. DJIA, S&P 500 and Russell 2000 all fell for the last six years on Tuesday. On Wednesday the market’s performance has been varied. DJIA has performed the best (based upon frequency of gains), up 71.4% of the time with an average gain of 0.35%. S&P 500 is weakest, up only 52.4% of the time with an average gain of 0.38%. NASDAQ has a slightly better record up 57.1% of the time on Wednesday with an average gain of 0.40%.