S&P 500 and NASDAQ Higher 76.2% of the Time on May’s First Trading Day By: Almanac Trader | April 30, 2019
Tomorrow, the first trading day of May has a bullish history over the past 21-years. DJIA, S&P 500 and NASDAQ have all averaged 0.5% or better on the day up twice as often as down (or better). S&P 500 and NASDAQ have the best record, up 16 times or 76.2% of the time since 1998. With an average gain of 0.41%, Russell 2000 is slightly weaker.
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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