Jan
7
Inauspicious Starts, from Kim Zussman
January 7, 2014 |
The first 3 trading days of 2014 have been declines in the S&P 500. Going back to 1960, there have been only 6 other years starting with 3 consecutive down days. Here are the returns of the following 3-day intervals:
Date DDD nxt3
1/3/2005 0.005
1/2/1991 -0.030
1/2/1985 0.009
1/3/1978 -0.028
1/3/1977 0.004
1/2/1968 0.012
avg -0.004
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