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
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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