Your Mindset by Trade Aptitude

Yesterday’s results: Neither trade triggered. 

Today’s Best S&P Futures Turning Points: No suggested levels today. 

The World Index: (+100/-100) drops from +36 top -7 with Asia Bearish and the west Bullish. 

Catalysts: Import/Export Prices @ 8:30. 

Quick Tip: Your Mindset

Much research has proven that your mindset affects outcome. If you think positive you’re likely to behave positively and cause a desirable outcome. Vice versa for negative thoughts and outcomes. 

Today being Friday the 13th, I thought it would be interesting to uncover some research on market outcomes for today. 

Two notable research projects on what is called the Friday the 13th Effect on financial markets were found. One study by Donald B. Keim and Robert F. Stambaugh in 1984 found that stock returns on Friday the 13th were significantly lower than on other Fridays. Conversely, a more recent analysis by Bespoke Investment Group revealed the opposite, the average gains for the S&P 500 are four times higher than the historical average daily movement.

Take your pick. Create your mindset. Win or lose. 

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Trade fearlessly,

Mike Siewruk

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