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Thursday, September 06, 2018 8:12:56 AM
S&P 500 Up 8 of Last 10 Jobs Report Days in September
By: Almanac Trader | September 5, 2018
Over the past eighteen years, August’s employment situation report, released on the first Friday of September, has been a mixed bag. DJIA, S&P 500, NASDAQ, Russell 1000 and Russell 2000 have all advanced a majority of the time, but it has not been an overwhelming majority. With the exception of 2010, 2009 and 2002 gains on advancing days have been modest. Declining days have experienced larger magnitude moves. The result of larger down days is across the board average declines for all years. However, the recent trend has favored the bulls with S&P 500, Russell 1000 and Russell 2000 all advancing 8 of the last 10 years.
http://jeffhirsch.tumblr.com/post/177774313958/sp-500-up-8-of-last-10-jobs-report-days-in
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By: Almanac Trader | September 5, 2018
Over the past eighteen years, August’s employment situation report, released on the first Friday of September, has been a mixed bag. DJIA, S&P 500, NASDAQ, Russell 1000 and Russell 2000 have all advanced a majority of the time, but it has not been an overwhelming majority. With the exception of 2010, 2009 and 2002 gains on advancing days have been modest. Declining days have experienced larger magnitude moves. The result of larger down days is across the board average declines for all years. However, the recent trend has favored the bulls with S&P 500, Russell 1000 and Russell 2000 all advancing 8 of the last 10 years.
http://jeffhirsch.tumblr.com/post/177774313958/sp-500-up-8-of-last-10-jobs-report-days-in
• 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!
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