Valentines Day note

Historically, as defined by the S&P 500, 51.9% of the trading days are up and 46.2% are down. For Valentine’s days it is different. On February 14th the market has been up only 39.3% of the time and down 57.4% of the time (it was down for the Saint Valentine’s Day massacre in 1929). Oh well, the market is still our sweetheart, even if the returns are shorts.

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