S&P 500 Past Performance

Going back to 1950, of the 16,000 plus trading days, today's -2.09% loss ranks in the bottom 2 percentile.

With the chart below, statistically speaking this Friday's winning ratio is split even with the average positive/negative gains higher than the norm. Based on this data, I would expect to see a +/-1% day tomorrow.

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View attachment 28096

;) So...your guess is up or down.

I'm going to go on a limb today and guess the direction will be down ;)
 
I'm going to go on a limb today and guess the direction will be down ;)

Paraphrasing Mel Brooks, my fellow tribesman:

The correc-tion, here we go, the corec-tion, what a show, I'll bet your wishin' that it'd go away, but the correc-tion is here and it's here to stay.......
 
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Post 2 of 3

This Tuesday shows a a strong historical negative bias. Tax day on April 15th started in 1955, if it falls on a weekend, then it is pushed to the next trading day. These stats do not track Tax day, but many of the days within these stats fall on tax day.

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Just to clarify, the bottom chart covers April 15th falling on the 11th trading day (not all April 15ths)
 
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