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Current DateTime: 06:27:50 22 Nov 2009
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Current DateTime: 06:27:50 22 Nov 2009
LinksList Documentid: 30111251
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Market's Monday Blues
Published: Monday, 6 Jul 2009 | 9:21 AM ET
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By: Ariel Nelson
Director of Market Data & Content Services

Monday
The futures are down this morning and we are looking at a weak start to the week.  How does this stack up when compared to other Mondays?  Here are the historical averages for Mondays overall, first Mondays of a month, and first Monday of a quarter.

Which will show up today? None are too exciting but maybe we can build off of the knowledge that July 6 tends to be a better day than others for the Dow.  The NASDAQ, on the other hand, seems to hate Mondays the most.

Dow (since 1896) [.DJIA  Loading...      ()   ]:

  • Mondays overall - Avg loss of .07%, up just over 49% of the time
  • First Monday of the Month - Avg gain of .08%, up 54% of the time
  • First Monday of the Quarter - Avg gain of .08%, up 54% of the time
  • First Monday of July - Avg gain of .20%, up 54% of the time
  • First Monday after July 4th - Avg gain of .04%, up 56% of the time
  • July 6 (regardless of day) - Avg gain of .29%, up 61% of the time

S&P 500 (since 1928) [.SPX  Loading...      ()   ]:

  • Mondays overall - Avg loss of .06%, up just over 48% of the time
  • First Monday of the Month - Avg gain of .04%, up 53% of the time
  • First Monday of the Quarter - Avg gain of .05%, up 54% of the time
  • First Monday of July - Avg gain of .16%, up 61% of the time
  • First Monday after July 4th - Avg gain of .03%, up 56% of the time
  • July 6 (regardless of day) - Avg gain of .30%, up 53% of the time

NASDAQ (since 1971) [.SPX  Loading...      ()   ]:

  • Mondays overall - Avg loss of .13%, up just over 46% of the time
  • First Monday of the Month - Avg loss of .03%, up 52% of the time
  • First Monday of the Quarter - Avg loss of .12%, up 48% of the time
  • First Monday of July - Avg loss of .05%, up 48% of the time
  • First Monday after July 4th - Avg loss of .12%, up 52% of the time
  • July 6 (regardless of day) - Avg loss of .14%, up 42% of the time

Weighing on the Dow in the premarket this Monday morning are Alcoa [AA  Loading...      ()   ],  Chevron [CVX  Loading...      ()   ], Caterpillar [CAT  Loading...      ()   ], Bank of America [BAC  Loading...      ()   ], and Exxon Mobil [XOM  Loading...      ()   ].

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