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Wednesday
Dec122012

S&P 500 6-Day Winning Streaks

While the Dow and Nasdaq closed in the red today, the S&P 500 barely eked out a gain to close up for the sixth consecutive trading day.  Below is a list of 6-day winning streaks for the S&P 500 over the last ten years.  Remarkably, the last twelve times the index has had a six-day winning streak (dating back to November 2006), it has closed lower on the following trading day.

For those interested, below we provide the average performance of the S&P 500 on day seven and over the next week following six-day winning streaks over the last ten years.