Friday, April 01, 2011
April's Early-Month Hot Streak
By Rob Hanna
1st Day of month bullish tendencies have been well documented here and elsewhere. April is an interesting month in that not only is the 1st day typically strong, but since 1994 the first week has performed especially well. This is illustrated in the table below.
Quite the little hot streak. And in case you're wondering, the last time the 1st 4 days of April netted out to a loss was 2002.
1st Day of month bullish tendencies have been well documented here and elsewhere. April is an interesting month in that not only is the 1st day typically strong, but since 1994 the first week has performed especially well. This is illustrated in the table below.
Quite the little hot streak. And in case you're wondering, the last time the 1st 4 days of April netted out to a loss was 2002.
