Oct. 28 Kicks Off the Best 5-Day Stretch of the Year for Stocks-US News | The Epoch Times

Ths SPDR S&P 500 ETF Trust traded higher by 0.7 percent on Thursday, but that should come as no surprise to investors paying close attention to the calendar. The Numbers According to Ryan Detrick, Chief Market Strategist for LPL Financial, Oct. 28 has historically been one of the best days of the year for the S&P 500 dating all the way back to 1950. In fact, Oct. 28 was the best day of the year for stocks until the market dropped 3 percent last year. The average gain for the S&P 500 on Oct. 28 has been 0.46 percent, making it the third best date on the calendar for investors. However, Detrick said the fun has historically not stopped on Oct. 28. Oct. 29 (+0.32 percent), Nov. 2 (+0.32 percent) and Nov. 3 (+0.41 percent) also have extremely strong historical returns. In fact, Oct. 28 marks the beginning of the …

Leave a Reply

Your email address will not be published.

Next Post

Senate Passes Bill to Further Restrict Huawei, ZTE, Foreign Threats From US Telecom Network-US News | The Epoch Times

Fri Oct 29 , 2021
The Senate on Thursday voted unanimously to pass a bill that would prevent companies deemed as security threats—such as Chinese state-backed firms Huawei and ZTE—from being granted new equipment licenses from U.S. regulators. Specifically, the Secure Equipment Act of 2021 would prohibit the Federal Communications Commission (FCC) from both reviewing and issuing new […]

Chief Editor

Johny Watshon

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur

Quick Links

Newsletter Signup

Sign up now and never miss a thing!

You're Signed Up!

Now that you are signed up, we will send you exclusive offers periodically.