From Bespoke Investment Group:
The current bull market for US stocks is now more than five years old. Below is an updated chart of how the market has performed by weekday since the bull market began back on March 10th, 2009.
Looking at all days first, the average change for the S&P 500 on any given trading day during this bull market has been +0.09%. The percentage of the time that the index has been up on the day stands at 56.4%. Positive day odds of 56.4% may not seem strong, but add them up and it results in a gain of 192% for the S&P during the current bull market. Think of it like casino odds. As long as the casino has a slight edge of more than 50% to beat the player at any given game, they're going to make a lot of money off of all their players over the long term....
...MORE
*Actually quite a few people have commented but for some reason the old trader's lament comes to mind:
As soon a you think you've found the key they go and change the lock.
