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turn-of-the-month effect

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Financial Dictionary

turn-of-the-month effect

The tendency of stock prices to increase during the last two days and the first three days of each month. Some researchers ascribe the effect to the timing of monthly cash flows received by pension funds and reinvested in the stock market.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
Cite This Source
Gift of the Month Clubs
Rated #1 Gift of the Month Clubs Best Prices & Free Holiday Shipping
AmazingClubs.com
Distinct Indulgence
Wholesale Bakery-Sweet Bread/Scones Private Label for Specialty Grocers
www.mrsappletree.com
Search another word or see turn-of-the-month effect on Thesaurus | Reference
Monthly Fruit Club
Order Fresh Fruit Delivered Each Month. Satisfaction Guarantee!
www.TheFruitCompany.com
Of The Month
Indulge in the Finest Gourmet Foods "Best of the Web" from Forbes
www.igourmet.com
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