FYI: The Nasdaq Composite is set to finish higher for the 9th consecutive quarter when exchanges close this Friday, September 28th. (With a QTD gain of more than 6%, it would take a dramatic plunge over the next two trading days for the quarter to end in the red.)
Below is a chart showing streaks of quarterly gains for the Nasdaq Composite since its inception in 1971.
Nine quarters of gains is not quite the longest streak on record, and it’s not even the longest streak of the last six years! The longest stretch of quarterly gains made it to ten from Q1 2013 through Q2 2015. Prior to that, the record was 8 quarters back in the mid-1990s (Q1 1995 through Q4 1996). Not even during the Dot Com boom of the late 1990s did we see such consistency of gains for the Nasdaq.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/nasdaq-up-9-quarters-in-a-row-again/
