61-Days Without a 1%+ Decline; What's Next?

In our prior post, we highlighted that the Dow Jones Industrial Average has now gone 61 trading days without a one-day decline of more than 1%.  Over this time period, the Dow has risen 8%.

Since 1900, the Dow has only gone 60 days without a 1% decline and risen more than 5% over the 60-day time period 26 other times.  So how has the Dow performed in the near term following these 26 prior occurrences?  Below we provide the returns over the next week, month and 3 months.  As shown, the Dow has performed...

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