Crossing Wall Street: Your Guide to Financial Success, Hosted by Eddy Elfenbein
spacer About Buy List FAQ Contact Links Home
spacer

« It felt like `Apocalypse Now, | Main | GDP Revised Higher »

August 30, 2007 Hump Day Redux

Yesterday was the 14th time in the last 19 Wednesdays that the S&P has rallied.

The numbers here are truly remarkable. The market is up for 35 of the last 50 Wednesdays. That's better a better winning percentage than both the Red Sox and Yankees.

Going back to September 28, 2005--that's an even 100 Wednesdays, the S&P rose 68 times including a run of 13 straight in early 2006. Combined, the other four days of the week are slightly negative.

Posted by edelfenbein at August 30, 2007 9:16 AM

spacer
bottom of page image