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Friday, March 29, 2019 4:50:00 PM
First Trading Day of Q2: NASDAQ and Russell 2000 have slightly weaker track records Than DJIA and S&P 500
By: Almanac Trader | March 29, 2019
According to the Stock Trader’s Almanac 2019, the first trading day of April is DJIA’s fifth best first trading day of all months based upon total points gained. Looking back at the last 25 years, in the tables below, we can see DJIA and S&P 500 have both advanced 75.0% of the time (up 18 of last 24) with average gains right around 0.4%. NASDAQ and Russell 2000 have slightly weaker track records but are both still up more frequently then down. Last year, April’s first trading day was dealt a blow with losses exceeding 2% by S&P 500, NASDAQ and Russell 2000.
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By: Almanac Trader | March 29, 2019
According to the Stock Trader’s Almanac 2019, the first trading day of April is DJIA’s fifth best first trading day of all months based upon total points gained. Looking back at the last 25 years, in the tables below, we can see DJIA and S&P 500 have both advanced 75.0% of the time (up 18 of last 24) with average gains right around 0.4%. NASDAQ and Russell 2000 have slightly weaker track records but are both still up more frequently then down. Last year, April’s first trading day was dealt a blow with losses exceeding 2% by S&P 500, NASDAQ and Russell 2000.
Read Full Story »»»
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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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