Posted: 10 Feb 2021 03:30 PM PST
The longer-term track record of the market’ performance ahead of Presidents’ Day weekend has not been so strong. From 1990 through 2010, DJIA, S&P 500 and NASDAQ suffered numerous and sizable declines especially on Friday. However, more recently, since 2011, the Thursday and Friday before Presidents’ Day have been improving (shaded in light grey in table below). DJIA on Friday has the best record over the last ten years, up ten times with an average gain of 0.58%.