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| Thursday, April 9, 2009 |
| Holiday effects on Good friday, Easter |
I was trying to "google" searching for any evidence of holiday effects on stock market, specifically for this coming Good Friday and Easter.
No evidences showing any holiday effects on these two holidays. However, I have checked the stock index trend before and after the Good Friday, ie. DJIA; for the pass three years. It shows the positive results. Of course, statistically, no conclusion can be made with only 3 years observation. Anyway, during this bad economy situation, do you guys really hope that this wonderful holiday can bring us some surprise, perhaps a good one.
By the way, some research shows that, the retail sales were up as an effect of Good Friday and Easter. What do you think? |
posted by NOSNIM™ @ 10:26 AM  |
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