Some interesting statistics relating to the current market rally
Some interesting statistics relating to the current market rally. Since 1959 after the All Ordinaries rallied for 10 consecutive days, closing at a 1 year high, the Index was higher in both 10 and 20 days' time on 84% of occasions for an impressive average gain of 1.75% and 2.65% respectively. The banks, aided by the 45-day holding rule, have rallied over the last 16 years an average of 5.7% in March and April. Stats courtesy of Shawn Hickamn @SHickman
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Livewire is Australia’s #1 website for expert investment analysis. We work with leading investment professionals to deliver curated content that helps investors make confident and informed decisions. Safe investing and thanks for reading Livewire.
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Livewire is Australia’s #1 website for expert investment analysis. We work with leading investment professionals to deliver curated content that helps investors make confident and informed decisions. Safe investing and thanks for reading Livewire.
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