A woman walks past the Charging Bull in New York, the United States, Dec. 21, 2020.The stock market jumped to a record high during the first five trading days of 2021, and based on a classic Wall Street indicator, the early strength is a good omen for the full year.
The so-called "first five days" rule believes that if stocks perform well in the initial five sessions in a given year, the market is often up at the year-end, according to Stock Trader's Almanac, which studied the market phenomenon going back to 1950. A simple rule like this is not something to base investment decisions on, but it should give investors a bit of comfort given its solid track record.
Excellent, CNBC.
I’m telling you “The Bond King” gets used simultaneously in the press for both TruthGundlach and B. Gross. There can only be one 👑, and one of them is crazy
Is his Twitter suspended?
Must be nice to be unknown to the US government