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Tuesday, January 16, 2018 8:49:48 PM
DJIA Surpasses Average Midterm Full-Year Performance on Ninth Trading Day of 2018
By Almanac Trader | January 16, 2018
As of today’s close, the tenth trading day of January, DJIA is up 4.34% year-to-date and S&P 500 is up 3.85%. Since 1902, DJIA’s average full-year performance in midterm years is 4.1%. S&P 500 is slightly stronger since 1930, gaining 4.8%. Midterm years that were also the second years of newly elected presidents averaged DJIA +1.1% and S&P 500 –0.4%. New Republican presidents were fractionally better with DJIA gaining 2.2% in newly elected Republican president second years while S&P 500 climbed just 0.3%.
http://jeffhirsch.tumblr.com/post/169789806863/djia-surpasses-average-midterm-full-year
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By Almanac Trader | January 16, 2018
As of today’s close, the tenth trading day of January, DJIA is up 4.34% year-to-date and S&P 500 is up 3.85%. Since 1902, DJIA’s average full-year performance in midterm years is 4.1%. S&P 500 is slightly stronger since 1930, gaining 4.8%. Midterm years that were also the second years of newly elected presidents averaged DJIA +1.1% and S&P 500 –0.4%. New Republican presidents were fractionally better with DJIA gaining 2.2% in newly elected Republican president second years while S&P 500 climbed just 0.3%.
http://jeffhirsch.tumblr.com/post/169789806863/djia-surpasses-average-midterm-full-year
• DiscoverGold
Click on "In reply to", for Authors past commentaries
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