In the last 21 years, DJIA, S&P 500, NASDAQ and Russell 2000 have all registered average gains of exceeding 0.2% on the Tuesday after the long Labor Day weekend. NASDAQ and Russell 2000 have been up five of the last seven years, but DJIA, S&P 500, NASDAQ and Russell 2000 all declined on the day in 2017 and 2018. On Wednesday the market’s performance has been varied. DJIA has performed the best, up 71.4% of the time with an average gain of 0.12%. S&P 500 is worst, up only 38.1% of the time with an average loss of 0.005%.
As always, please use protective buy and sell stops when trading futures and options.
Disclaimer: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Any decision to purchase or sell as a result of the opinions expressed in the forum will be the full responsibility of the person(s) authorizing such transaction(s). BE ADVISED TO ALWAYS USE PROTECTIVE STOP LOSSES AND ALLOW FOR SLIPPAGE TO MANAGE YOUR TRADE(S) AS AN INVESTOR COULD LOSE ALL OR MORE THAN THEIR INITIAL INVESTMENT. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.