Three Amazing Streaks
“We’re going streaking!” Frank The Tank in Old School
As the bull market continues to make new highs, the past few weeks have seen some amazing market streaks. Here are three that have caught our attention.
• The S&P 500 Index hasn’t had back to back losses for 29 consecutive days. As the LPL Chart of the Day shows, this is the longest such streak without back to back down days since March 2005. It is worth noting that the S&P 500 gained another 5.8% three months after the March 2005 streak ended.
• The S&P 500 hasn’t closed below its 10-d
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