50-DMA Streaks

The S&P 500 is very close to doubling from the March 2009 low. The intra-day low from March 6, 2009 was 666.79. To double that, we need to hit 1,333.58. We’ve been as high as 1,331.64 today.

The S&P 500 continues to hold above its 50-day moving average. We’ve been above it every day since September 2, 2010. This is the 11th longest streak since 1932.

Begin	End	Days
4-Jan-95	10-Jan-96	257
10-Apr-58	25-Nov-58	159
14-Dec-42	21-Jun-43	156
24-Jul-06	27-Feb-07	149
4-Nov-60	12-Jun-61	148
5-Apr-35	20-Sep-35	140
29-Nov-63	1-Jun-64	126
31-Mar-89	25-Sep-89	123
23-Nov-70	17-May-71	120
25-Jan-83	12-Jul-83	116
2-Sep-10	14-Feb-11	114

Posted by Eddy Elfenbein on February 14th, 2011 at 1:20 pm

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