"Yesterday Was A Once-In-A-Decade Sort Of Day For The S&P 500"
!["Yesterday Was A Once-In-A-Decade Sort Of Day For The S&P 500" "Yesterday Was A Once-In-A-Decade Sort Of Day For The S&P 500"](https://5ux.com/sites/5ux.com/files/styles/medium_250/public/resize/remote/5afdc9ed3687bc90d5490881d7b00db4-600x386.jpg?itok=z52SeGra)
Authored by Peter Tchir via Brean Capital,
I wish it was Sunday‘Cause that’s my fun dayIt’s just another melt-up Monday
The S&P 500 has rallied 1% or more four times this year – three of those have been on Mondays (4 out of the 7 largest upside moves this year in the S&P 500 have been Monday’s).
Unlike in the good old days where Merger Monday mania drove Wall Street, it has been – take your hedges off Monday that has driven the returns.