Many people believe that there is a “Friday effect” in the stock market. They do not necessarily spell out exactly what they mean by this, but there is a sense that the stock prices tend to be lower on Fridays than on other days.
Because stock prices are readily available on the web, it should be easy to test this hypothesis empirically. (SEE ATTACHED FOR MY TWO COMPANY DATA FOR 52 WEEKS-I already did this all and I summarized the data needed. Just need help answering questions.