Thursday, July 19, 2018

Dow Rally Continues Through Fifth Straight Session

The beat goes on...

For the month of July, the Dow Industrials have closed to the upside on 10 of the 12 trading sessions (five in a row) and is up nearly 1000 points over that span.

Conventional wisdom would suggest that this kind of winning cannot be sustained over the near term.

Dow Jones Industrial Average July Scorecard:

Date Close Gain/Loss Cum. G/L
7/2/18 24,307.18 +35.77 +35.77
7/3/18 24,174.82 -132.36 -96.59
7/5/18 24,345.44 +181.92 +85.33
7/6/18 24,456.48 +99.74 +185.07
7/9/18 24,776.59 +320.11 +505.18
7/10/18 24,919.66 +143.07 +648.25
7/11/18 24,700.45 -219.21 +429.04
7/12/18 24,924.89 +224.44 +653.48
7/13/18 25,019.41 +94.52 +748.00
7/16/18 25,064.36 +44.95 +792.95
7/17/18 25,119.89 +55.53 +848.48
7/18/18 25,199.29 +79.40 +927.88

At the Close, Wednesday, July 18, 2018:
Dow Jones Industrial Average: 25,199.29, +79.40 (+0.32%)
NASDAQ: 7,854.44, -0.67 (-0.01%)
S&P 500: 2,815.62, +6.07 (+0.22%)
NYSE Composite: 12,823.23, +44.01 (+0.34%)


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