Event: Patriot Day
Patriot Day is observed in the United States to honor those who lost their lives and sacrificed during the terrorist attacks of September 11, 2001. Patriot Day is annually observed on the third Monday in September and commemorates the day that America was attacked by terrorists and the courage that ordinary people showed in response. Never Forget!
The question is … will the markets stand strong as we head towards Patriot Day? Â
Market ComparisionÂ
How do the markets perform leading up to and including Patriot Day? The analysis table below breaks down each of the 30+ markets into four separate trading periods. These time frames span 6-days, 4-day, 2-days, and the event day itself. The return performance for each time frame is measured against its normal performance during the year to calculate a final over or underperformance return. This metric quantifies, in percentage points, the advantages or disadvantages associated with Patriot Day. Markets highlighted with a checkmark or an “x” should be closely monitored for potential strengths or weaknesses heading into the event.Â
Calendar Breakdown by Events
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Our strategies have not been developed based on knowledge of or with reference to your particular circumstances, such as financial position, goals, risk-reward preferences, tax situation, brokerage arrangement, investment or trading experience, and so forth. Hence no content or model published here constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You alone are solely responsible for determining whether any investment, security or strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal financial situation. More