• 770 days Will The ECB Continue To Hike Rates?
  • 771 days Forbes: Aramco Remains Largest Company In The Middle East
  • 772 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,172 days Could Crypto Overtake Traditional Investment?
  • 1,177 days Americans Still Quitting Jobs At Record Pace
  • 1,179 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,182 days Is The Dollar Too Strong?
  • 1,182 days Big Tech Disappoints Investors on Earnings Calls
  • 1,183 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,185 days China Is Quietly Trying To Distance Itself From Russia
  • 1,185 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,189 days Crypto Investors Won Big In 2021
  • 1,189 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,190 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,192 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,193 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,196 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,197 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,197 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,199 days Are NFTs About To Take Over Gaming?
Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

  1. Home
  2. Markets
  3. Other

The State of the Trend

I mentioned on Saturday that complete monthly and trading day statistics for the whole year can be found in my book Trading the SP500.

To mark the end of last month, I'm enclosing the daily trend summary chart from p.23, overlaid with SPY:

Daily Trend May vs SPY

With the exception of a two day shift of the cycle at the beginning of the month, the market followed the script to a tee. I'll let somebody smarter than me figure out the odds of this being a random coincidence.

FYI, the summary for June can be found on p.46.

 

Back to homepage

Leave a comment

Leave a comment