Still Bullish – Even After S&P 500 Daily Winning Streak Ends

Including the current S&P 500 daily winning streak there have been 233 six-day (or longer) Winning streaks by S&P 500 since 1950. The current 8-day streak has added 6.4% to the S&P 500 since it began on October 30. This is better than the average performance of the past 34 times that S&P 500 has been up eight days in-a-row, but well below the 11.9% S&P climbed in an eight-trading-day streak from March 12 to March 21, 2003. History cannot tell us when this current streak will end. However, it does indicate increasingly longer streaks are infrequent. Although S&P 500 has gone as long as 14 days without a decline (March 26 to April 15, 1971), it has done so just once in nearly 74 years. When the streak does end, all is not lost. As you can see in the following chart of the 30 trading days before and 60 trading days after the past 7-, 8-, and 9-day daily winning streaks ended, S&P 500 continued to move higher on average over the next 60 trading days. [Image] Here are Some More Investing Tips and Resources. Enjoy! Sponsored [Click here to reserve your seat now!]( style=) [Still Bullish – Even After S&P 500 Daily Winning Streak Ends]( Including the current S&P 500 daily winning streak there have been 233 six-day (or longer) Winning streaks by S&P 500 since 1950. The current 8-day streak has added 6.4% to the S&P 500 since it began on October 30. This is better than the average performance of the past 34 times that S&P 500 has been up eight days in-a-row, but well below the 11.9% S&P climbed in an eight-trading-day streak from March 12 to March 21, 2003. History cannot tell us when this current streak will end. However, it does indicate increasingly longer streaks are infrequent. Although S&P 500 has gone as long as 14 days without a decline (March 26 to April 15, 1971), it has done so just once in nearly 74 years. When the streak does end, all is not lost. As you can see in the following chart of the 30 trading days before and 60 trading days after the past 7-, 8-, and 9-day daily winning streaks ended, S&P 500 continued to move higher on average over the next 60 trading days. [Continue Reading...]( [Still Bullish – Even After S&P 500 Daily Winning Streak Ends]( And, in case you missed it: - [How Dangerous Is Crypto Leverage?]( - [What Is the Sam Bankman-Fried Lesson?]( - [Ask Alan #212 How Do I Avoid Covered Call Exercise When I Want to Retain Shares?]( - [Why you can make Vertex Pharmaceuticals a buy on any pullback]( - [EVRG Dividend Increase]( - FREE OR LOW COST INVESTING RESOURCES - [i]( [i]( [i]( [i]( Sponsored [Grow Your Wealth Faster Than Inflation]( In order to survive this economy, you’ve got to grow your wealth at a pace that moves faster than inflation rates. Here’s our strategy to beat inflation and you can have it for free. [Go HERE to see the Potential Investing Opportunity]( By clicking this link you are subscribing to The Wealthiest Investor News’s Newsletter and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy [Privacy Policy/Disclosures]( - CLICK THE IMAGE BELOW FOR MORE INFORMATION - [i]( Good Investing! T. D. Thompson Founder & CEO [ProfitableInvestingTips.com]() ProfitableInvestingTips.com is an informational website for men and women who want to discover investing and trading products and strategies to educate themselves about the risks and benefits of investing and investing-related products. DISCLAIMER: Use of this Publisher's email, website and content, is subject to the Privacy Policy and Terms of Use published on Publisher's Website. Content marked as "sponsored" may be third party advertisements and are not endorsed or warranted by our staff or company. The content in our emails is for informational or entertainment use, and is not a substitute for professional advice. Always check with a qualified professional regarding investing and trading guidance. Be sure to do your own careful research before taking action based on anything you find in this content. If you no longer wish to receive our emails, click the link below: [Unsubscribe]( Net Wealth Consultants 6614 La Mora Drive Houston, Texas 77083 United States (888) 983-9123