Last Trading Day of February: NASDAQ Down Seven Straight By: Almanac Trader | February 26, 2019
Over the past 21 years the last trading day in February has been difficult for bulls. DJIA, S&P 500, NASDAQ, Russell 1000 and Russell 2000 have all declined more frequently than advanced. Average and median performance on the day has been negative across the board. Excluding NASDAQ and Russell 2000, the worst loss exceeds the best gain. Last minute profit taking before the end of the month is one possible explanation for this weakness.
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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