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How One Overseas Bid Proves We're on Two "Right Tracks"
We like to be right.
After all, doing so gives us a satisfying feeling.
But we prefer to be early.
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Call it the "Bull Market Monday" syndrome.
In fact, if weren't for the last month and a half of Mondays, the U.S. stock market would be a very dour place right now.
Since the start of the 2009 fourth quarter, the Standard & Poor's 500 Index has posted positive returns on 14 of the last 16 Mondays, with an average gain of 0.85% on that first day of the week (See accompanying graphic), the Bespoke Investment Group said in a research report last week.