The S&P 500 (SPY) is on track to post its best week of the year, currently up 5.66%. It is also on pace to gain over 4% in the first 3 trading days of the month, a rare occurrence. The SPY has recorded a 5-day winning streak, with gains of 5% or more and rises of more than 1% on 4 of the 5 days. The S&P 500 is up 6.1% this week but still down 8 basis points since October 17. Overall, it has been a bullish week for the market, with the S&P 500, Nasdaq 100, and Russell 2000 all posting their best weeks since November 11, 2022.
Celebrating a very bullish week for the market https://t.co/UD75f0Ifke
A big week for the bulls🐂 Final stats: S&P 500: +5.85%, best week since 11/11/22 Nasdaq 100: +6.48%, best week since 11/11/22 Russell 2,000: +7.56%, best week since 2/5/21 https://t.co/zd9J1PRXSg
This week's market summary: https://t.co/2lxUAMP3bF
The S&P $SPY is up 6.1% this week but still down 8 bps since 10/17. https://t.co/VEyLlQEM7F
Another random nugget: $SPY records a 5-day winning streak, gains 5%+, and rises by more than 1% 4 of the 5-days? N=2 02/15/2018 11/28/2008 Today has a chance to make it N=3.
$SPY's on pace to gain 4%+ over the first 3 trading days of the month. Hasn't happened often, and certainly isn't an "all-clear" sign, unless we want to only look at November's on the table below. https://t.co/BjSbFiX7bQ
The $SPY is on track to post it's best week of the year (currently +5.66%). https://t.co/QmSIYqtxYq
Heat map of the S&P 500's $SPY early performance so far today https://t.co/Ez3xJYrblt