If you bought Bovespa on Thursday and sold on Friday every week since 2003, you would be rich (if you compounded). We know this. If one was to follow such a strategy, in real-time, would it make money? In the following strategy an investor would buy at the Close of the “optimal” day that performed …
Archives for March 2011
Bovespa- Best day to Buy Brazil
Best Day to Buy Brazil Index :ThursdayWorst Day to Buy Brazil Index :Friday 1993-2011 – Buy on Close of Day. Sell on Close next day.Commissions =Slippage=0. Buying On Thursday Sell next Day. $1,000 growth. —————————————— Buying on Friday. Sell next Day $ 10,000 growth. ——————–Note to myself:Best EOM buy Days: Monday or Tuesday.