Bespoke Investment Group reports that yes, Monday could be a rebound day based on their data.
Looking Forward to Monday
Excerpt: "It’s not often that people look forward to Mondays, but based on one piece of market analysis, it could be a lot better than today. With the S&P 500 currently down 1.88%, the index is set to have been up more than 1.5% yesterday and down more than 1.5% today.
Over the last 50 years, this has happened just 30 other times. The average change following these 2-day whirlwinds has been 0.14% on the following day and 0.56% over the following week…. Click here for more from Bespoke.
