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Thursday, November 03, 2016 7:17:31 PM
Almanac Trader: DJIA up 73.3% of time on November Jobs Report Day
* November 3, 2016
November is usually a bullish time for the market. November is also the first month of the “Best Six Months” for DJIA and S&P 500. The month’s bullishness has likely contributed to the market’s solidly bullish performance on Jobs Report day. Over the last 15 years when October’s employment situation report was released, DJIA has advanced 11 times with an average gain of 0.35%. S&P 500 and Russell 1000 share second place honors with 10 advances each and an average gain of 0.34%.
http://jeffhirsch.tumblr.com/post/152699485058/djia-up-733-of-time-on-november-jobs-report-day
• DiscoverGold
Click on "In reply to", for Authors past commentaries
* November 3, 2016
November is usually a bullish time for the market. November is also the first month of the “Best Six Months” for DJIA and S&P 500. The month’s bullishness has likely contributed to the market’s solidly bullish performance on Jobs Report day. Over the last 15 years when October’s employment situation report was released, DJIA has advanced 11 times with an average gain of 0.35%. S&P 500 and Russell 1000 share second place honors with 10 advances each and an average gain of 0.34%.
http://jeffhirsch.tumblr.com/post/152699485058/djia-up-733-of-time-on-november-jobs-report-day
• DiscoverGold
Click on "In reply to", for Authors past commentaries
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Your Due Dilegence is a must!
• DiscoverGold
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