I have set up weekly automatic investment for my bond and stock fund investment. However, I am unsure I have chosen the best day. I recently read some papers on the day of the week effects on stock market. It appears that historically Wednesday has the highest close on stock market.
My question is: Since stock market and bond market are negatively correlated, does these studies mean Wednesday is the best day for bond investment and worst day for stock investment?
Please help...
The Day-of-Week effects on bond amrket: Is Wednesday best day fo
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the diff is tiny (a few bps) and not statistically significant
-njrookie-
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02/28/2014 postreply
19:35:08
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Agreed. The daily difference between M/W closes is 0.02-0.03%
-caren-
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02/28/2014 postreply
20:05:34
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It's an easy google to get the answer from historical data
-Muttontown-
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02/28/2014 postreply
20:19:20
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How about bond? Should be opposite?
-caren-
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02/28/2014 postreply
20:36:32