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Bespoke: Not Bad For A Five Week Losing Streak: DJIA

TedTed
in The Bullpen
FYI: The DJIA is entering this last full week of May riding a streak of five straight weeks of declines in what is the longest weekly losing streak for the index in just under eight years. While the current streak is the longest in years, it is also notable due to just how mild of a losing streak it has been. Over the five weeks in which the DJIA has been down, its total decline has been a mere 3.67%. To put that in perspective, the average decline for the DJIA during its 64 prior five-week losing streaks since 1900 has been a drop over 10%, and the last time the DJIA saw a smaller decline during a five-week losing streak was over 40 years ago in 1976!
Regards,
Ted
https://www.bespokepremium.com/interactive/posts/think-big-blog/not-bad-for-a-five-week-losing-streak

M* Snapshot DIA:
https://www.morningstar.com/etfs/ARCX/DIA/quote.html
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