Trading before Presidents’ Day Weekend used to be horrible. However, there has been a noticeable improvement over the last 14 years. The longer-term track record of the market’s performance ahead of Presidents’ Day weekend from 1990 through 2010, shows DJIA, S&P 500 and NASDAQ suffered numerous and sizable declines especially on Friday. However, more recently, since 2011, the Friday before Presidents’ Day has been improving (shaded in light grey in table below). DJIA on Friday has the best record over the last 14 years, up 11 times with an average gain of 0.37%. S&P 500 has been nearly as strong, up 10 times, with an average gain of 0.26%.
