Algokid

Fun History Fact about S&P 500

INDEX:SPX   S&P 500 Index
FUN
1413 6 33
fun
Here's a fun historic fact about the SPX             . According to the National Bureau of Economic Research :

" This year is only the 8th since 1929             to post a January loss after 3 or more consecutive up years,All prior 7 closed down for the year, (avg -14.8%), and all 7 were followed by a recession on average 7 months later. The prior years: 1953, 1957, 1973, 1981, 1990, 2000, 2008."

Hmmm , interesting.

Have a great weekend guys

Cheers

Algo

Jan 2014 closed down during January
+1 Reply
wasn't Jan 2014 down too with a different outcome?
Reply
This year is only the 8th since 1929 to post a January loss after 3 or more consecutive up years- is the clause
+3 Reply
ok got you thx.
Reply
Excellent observation - thank you.
Reply
Basically, short it? Haha
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