Weak Close Ends Record Run For Stocks – What Happens Next?
zerohedge.com / by Tyler Durden / Mar 4, 2017 4:00 PM
Stocks’ record streak without a weak close came to an end yesterday; what does it mean going forward?
By any name – melt-up, relentless bid, creep, etc. – the recent advance in the stock market has been impressive. And there is no shortage of statistical means by which to demonstrate that – in some cases, unprecedented – impressiveness. Last week, we look at the NASDAQ 100’s record streak of closes above the bottom of 40% of its daily range. Today, we look at a similar record-tying streak in the S&P 500 that came to a close yesterday.
The post Weak Close Ends Record Run For Stocks – What Happens Next? appeared first on Silver For The People.
Source: http://silveristhenew.com/2017/03/04/weak-close-ends-record-run-for-stocks-what-happens-next/
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