Wednesday's gain left the Dow Jones today, on the last day of April, sitting on its best month of the century. Actually, it's the century's best month for the Dow, the Nasdaq and the S&P 500.So strange... in this lockdown month.
In fact, the Dow's 12.4% advance so far in April puts it on track for its best month since a 14.2% surge in January 1975. That's a 45-year record. The Nasdaq is toiling away at its biggest monthly advance since February 2000. That was a 19.2% spike, preceded by a 22% Santa Claus rally in December 1999. The S&P 500 has rebounded 13.7% in April. That beats everything going back to its 16.3% rebound rally in October 1974.
Thursday, April 30, 2020
"Can The Dow Jones Today Nail Its Best Month In 45 Years?"
Asks Investor's Business Daily:
Subscribe to:
Post Comments (Atom)
-
Remember when your parents told you- 'Don't be with the in-crowd... Don't follow the crowd?' Well, if you're into making...
-
Landscape with a Carriage and a Train , Vincent van Gogh, 1890 Yesterday, I wrote about contemporary paintings of the open road . These woul...
-
"... not because I think it has found the magic balance — it is way too soon to tell — but because I think we should be debating all th...
No comments:
Post a Comment