Unless something very dramatic happens, this will be the 33rd-straight trading day that the S&P 500 closes above its 10-day moving average. Part of this streak is due to the market’s huge falloff in volatility.
Here’s a look at the longest streaks going back to 1932:
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Named by CNN/Money as the best buy-and-hold blogger, Eddy Elfenbein is the editor of Crossing Wall Street. His free Buy List has beaten the S&P 500 for the last five years in a row. (more)