This is a summary of links featured on Quantocracy on Wednesday, 07/01/2020. To see our most recent links, visit the Quant Mashup. Read on readers!
First Day of Month Based on Month [Quantifiable Edges]Since the late 80s there has been a tendency for the market to rally on the first day of the month. One theory on why this occurs is that there are often 401k inflows that are put to work on the 1st of the month. I examined this tendency and broke it down by month on the blog in 2013 and 2009. I thought it would be interesting to take another look at it today. Below is an updated version of the