For those of you who still have skin in the game, from May's Top-11 of Trading Day 12, here's how the remainder of the month played out.
Our current May-2024 Trading Day 12 closed 5.19% MTD which would rank as 2nd best compared with the previous 63 years.
Of the Top-11:
11 of 11 times there was a higher close than trading day 12 to be found.
6 Of 11 times, the month's highest close was within the next 3 days (55% chance higher close).
4 of 11 times the highest close was on the last trading day (36% chance higher close).
Of the Top-3 of trading Day 12, all closed highest on the last trading day.
View attachment 60888
Our current May-2024 Trading Day 12 closed 5.19% MTD which would rank as 2nd best compared with the previous 63 years.
Of the Top-11:
11 of 11 times there was a higher close than trading day 12 to be found.
6 Of 11 times, the month's highest close was within the next 3 days (55% chance higher close).
4 of 11 times the highest close was on the last trading day (36% chance higher close).
Of the Top-3 of trading Day 12, all closed highest on the last trading day.
View attachment 60888
