The first day of the month is typically a good one for market investors.

Tomorrow is March 1st. Will be interesting to see if this pattern holds.

Amplify’d from www.zerohedge.com

The Calm Before the Storm

Courtesy of Phil of Phil's Stock World

Tomorrow, of course, is March first and, as we all know, the first day of the month is THE BEST day to go long.  12 of the last 14 first day's of the month have been up days with the S&P gaining 17% on the first day of the month (Feb 1 not on this chart) and just 1.4% on all the rest of the day's combined!

So, miss the first day and miss out on the rally is a bit of an understatement, isn't it?  In 2010 alone, the first trading day accounted for 123 of the 134 points the S&P gained. Essentially, the market traded flat the other 200-plus trading days. Read more at www.zerohedge.com

 

See this Amp at http://amplify.com/u/bs2zw