As a professional, full time trader and hedge fund manager, I am always looking for interesting trivial in the US stock markets. Here is a list of 10 of the most interesting ones that I have collected so far.
1. Chances are better than 2 to 1 that in the next time period, the stock will move in the same direction it did in the last time period.
2. If a stock makes a large move (over 10%) in a single month period, the odds are greater than 2 to 1 that it will move in the opposite direction in the next monthly period.
3. Trends tend to persist for a significant period of time, therefore betting against the trend is dangerous.
4. Friday is the best day for the market, and Monday is the worst. Fridays have averaged an increase of 0.085% while Mondays have averaged a decrease of 0.089% over the last 50 years.
5. For the past 50 years, the gain in the Dow-Jones Industrial average during the first six calendar days of each month has been greater than the entire gain for the month.
6. Over the past 50 years, chances are a better than 2 to 1 that the Dow will rise on Christmas Week against the previous week. We call this the “Santa Claus Rally”.
7. Over the past 4 years (2001 – 2005) , the stock markets have fell on the last trading day before Christmas.
8. The lowest level the Dow has ever gone to is 40.60 points on 3rd July 1933.
9. The Dow Jones Industrials Index has existed since 1915 while the Nasdaq Composite Index has only existed since 1990.
10. Berkshire Hathaway A stock continues to be the most expensive stock trading in the US market at the time of this writing.
Hope these trivial have entertained and informed you in some ways.
