FYI: Tomorrow is yet another Fed Day — the third of 2017. Prior to each Fed Day, Bespoke publishes an in-depth analysis of the market’s historical performance on these extremely impactful trading days. You’d be surprised to see just how much of the market’s returns over the years have come from Fed Days, which represent just 3% of all trading days.
As a taste, below is one of many tables and charts included in our Fed Days report. It highlights the S&P 500’s performance on Fed Days by month of the year going back to 1994 when the Fed began announcing policy decisions on the day of its meetings. Unfortunately for market bulls, the S&P 500 has been up on June Fed Days less than any other month of the year. Keep that in mind heading into the trading day tomorrow.
Regards,
Ted
https://www.bespokepremium.com/big-tips/b-i-g-tips-fed-days-june-2017/
