Will it be a Bad Monday After Good Friday?

By: Yolaiki Gonzalez
Market Data Analyst

Historically, the U.S. Markets have been slightly negative on the Mondays following Good Friday with the Dow [.DJIA 10927.07 --- UNCH (0) ] & S&P [.SPX 1178.10 --- UNCH (0) ] down 55% of the time, and the NASDAQ Composite [COMP 2402.58 --- UNCH (0) ] moving south 64% of the time. The markets have been closed now for more than 100 years since the last time they opened on Good Friday in 1907, here is a look at how the markets have performed the day before, the day after, and a week later after the observance of this religious holiday.

Dow since 1900:
• On average, the Dow has gained 0.28% the day before Good Friday, up 64% of the time.
• On average, the Dow has lost -0.23% the day after Good Friday, down 55% of the time.
• On average, the Dow has gained 0.21% one week after Good Friday, up 55% of the time.

S&P 500 since 1928:
• On average, the S&P has gained 0.35% the day before Good Friday, up 65% of the time.
• On average, the S&P has lost -0.17 % the day after Good Friday, down 55% of the time.
• On average, the S&P has gained 0.09% one week after Good Friday, up 56% of the time.

NASDAQ Composite since 1971:
• On average, the Nasdaq has gained 0.48% the day before Good Friday, up 77% of the time.
• On average, the Nasdaq has lost -0.35% the day after Good Friday, down 64% of the time.
• On average, the Nasdaq has gained 0.55% one week after Good Friday, up 67% of the time.

Source: http://www.cnbc.com/id/36085552