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Formerly TwitterLiz Ann Sonders
LizAnnSonders
Utilities sector soared today but continues to lag MTD and is only up marginally YTD; Tech fell hard and continues to distance itself from Comm Serv and Energy in YTD terms … small caps underperformed today but NASDAQ also had a rough session (and is lagging behind S&P 500 YTD) pic.twitter.com/ilnekdxj2L
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Liz Ann Sonders
LizAnnSonders
Consumers feel good about stock market, with a considerable share expecting market to do well over next 12 months per @UMich pic.twitter.com/gBFw2LvXEU
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Ryan Detrick, CMT
RyanDetrick
I did this study right before the Dow hit 40k.
Three weeks later I'm beginning to feel like I jinxed it. Sorry. pic.twitter.com/v7Uqi7ohAG
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Ryan Detrick, CMT
RyanDetrick
S&P 500 up 27.9% the past 12 mos, but also higher YoY each of the past 12 mos.
What happens after positive YoY 12 mos in a row?
Ultimate streak goes to nearly 30 mos on avg.
Returns 1, 3, 6, and 12 mo later are about avg.
Bottom line, long streaks like this aren't bearish. pic.twitter.com/mglNqwnjRE
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All coverage
Dow closes more than 250 points higher, but Nasdaq slides as investors rotate out of tech stocks
By Yun Li & Fred Omar Imbert