Select Page
‘Buy the Close’

‘Buy the Close’

Helluva strategy:  The “buy the close, sell the open” strategy is now up nearly 1100% since 1993, while the “buy the open, sell the close” strategy” is still negative.  Hat tip Steve Burns/@SJosephBurns
2nd Worst

2nd Worst

The 21.6% decline during the first 113 trading days of 2022 is the second worst start to a year in history.   Yes, it’s been ugly. Hat tip Charlie Bilello/@charliebilello
Going For Five?

Going For Five?

From the desk of Ryan Detrick:   The S&P 500 is down >1% four consecutive days. Only hit 5 or more once in history (2008 had 7). As bad as this has been, future returns have been quite strong.  Up 10.9% 3 months later, up 11.6% six months later, and higher 9...
Helluva Week, Part 2

Helluva Week, Part 2

Some color from the desk of Ryan Detrick:  Last week the S&P 500 gained 6.2% for the best week of the year. Going back to 1980, the best week of the year is up an avg of 5.3%. Hat tip Ryan Detrick/@RyanDetrick
Helluva Week

Helluva Week

Some color from Ryan Detrick:  History was made this week. For only the 5th time ever, the S&P 500 gained at least 1% for 4 consecutive days. This rare occurrence is also quite bullish, as a year later it has been up more than 20% every single time with an average...