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Monday effect

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Monday Effect
A theory that returns on the stock market on Mondays will follow the prevailing trend from the previous Friday. Therefore, if the market was up on Friday, it should continue through the weekend and, come Monday, resume its rise.

Notes:
Some studies have shown a similar correlation. However, no one theory has been able to accurately explain the existence of the Monday Effect.

Monday effect
The tendency of stocks to produce lower-than-average returns on Mondays compared to other days of the week. One study indicated most of the poor performance during Mondays occurs during the first hour of trading.


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