Why Investors Should Not Time the Market When It Dips On Mondays and Rises on Wednesdays
Robert R. Johnson
While Mondays have proven historically to be the worst day for stock prices and Wednesdays have produced the largest returns, investors should avoid timing the market.
This long-term pattern has persisted for most time periods and in most major international markets, said Robert Johnson, president and CEO of The American College of Financial Services in Bryn Mawr, Pa.
Chang, Ellen, "Why Investors Should Not Time the Market When It Dips On Mondays and Rises on Wednesdays" (2015). In the News. 295.