We're tied up with other projects today, but for some quick fun, we
threw together the following chart showing the trajectory of the Dow
Jones Industrial Average (
DJIA)
since 8 November 2016 (a.k.a. "The Age of Trump"), where we've noted
some unusual winning and losing streaks in just the past two months....
Going back to 2 May 1885, there have been a total of 4 winning
streaks where the DJIA closed higher than its previous day's close over
12 consecutive trading days, with the fourth just having ended on 27
February 2017.
By contrast, there have been 43 losing streaks where the DJIA closed
lower than it's previous day's closing value on 43 separate occasions
since 2 May 1885, where the current losing streak through yesterday, 27
March 2017 may not yet be over.
Should the current losing streak extend a ninth day, it will mark
just the twelfth time in the last 132 years where the Dow has dipped for
that many days in a row.
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