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Weak Close Ends Record Run For Stocks – What Happens Next?

Saturday, March 4, 2017 20:43
% of readers think this story is Fact. Add your two cents. / by Tyler Durden / Mar 4, 2017 4:00 PM

Via Dana Lyons’ Tumblr,

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.


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