What History Says About Win Streaks# Stock
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What History Says About Win Streaks
With the S&P 500 now up six sessions in a row, individual investors might
wonder what historically has happened after a six-day thrust.
Since 1981, not including the current market, there have been five instances
when the S&P 500 rose six sessions in a row.
What happened next?
Over the next three to 10 sessions, the S&P 500 typically fell 1% to 1.7%.
In a broader sense, a glance at the charts in the five instances showed the
S&P 500 rising over the coming months in two cases, moving in a rolling
sideways fashion in two cases, and a choppy descent in one case.
With the S&P 500 now up six sessions in a row, individual investors might
wonder what historically has happened after a six-day thrust.
Since 1981, not including the current market, there have been five instances
when the S&P 500 rose six sessions in a row.
What happened next?
Over the next three to 10 sessions, the S&P 500 typically fell 1% to 1.7%.
In a broader sense, a glance at the charts in the five instances showed the
S&P 500 rising over the coming months in two cases, moving in a rolling
sideways fashion in two cases, and a choppy descent in one case.