AAL

What This Rare Nasdaq Signal Could Mean for Stocks

Winning streaks of 11 days or longer are rare for the Nasdaq

Dec 30, 2019 at 3:02 PM
facebook X logo linkedin


It's been an impressive year-end rally for the U.S. stock market, with all three major market indexes carving out record highs during the Christmas week, and the S&P 500 Index (SPX) logging its fifth straight weekly gain. Additionally, the Nasdaq Composite (IXIC) muscled its way to an 11th consecutive win on Thursday, marking its longest winning streak since July 2009, when the tech-heavy index made it 12 in a row.

Such lengthy win streaks are rare for the Nasdaq. Data from Schaeffer's Senior Quantitative Analyst Rocky White shows the index has strung together daily winning streaks lasting 11 days or longer just 20 other times since 1971, the longest lasting 19 days back in June 1979. The largest gains from a prolonged period of positive price action came in early 1992, when the IXIC gained 16% during a 13-day win streak.

nasdaq after win streaks

Historically speaking, the Nasdaq tends to keep the positive momentum going, at least in the short term. Following the end of those previous 20 streaks, the index outperformed its anytime returns across the one-week, two-weeks, one-month, and three-month returns. Notably, at the one-month mark, IXIC averaged a post-win streak return of 3%, with 85% of the returns positive, compared to an average anytime one-month return of 1%, with a 61% win rate.

nasdaq returns after win streak ends

 

Two High-Octane Trade Ideas. One Simple Goal: Intraday Profits.

Dynamite Day Trading Signals delivers two same-day options trades every week — powered by proprietary intraday analysis and 43+ years of trading expertise.

But this isn’t just another stream of alerts.

It’s a structured plan with clear entry and exit points – designed for traders who want to act fast, trade smart, and wrap up gains before the closing bell.

No guesswork. No overnight exposure – Just two well-researched setups per week — whether you prefer buying premium or selling it.

And the results speak for themselves: subscribers have locked in +245.8% total profit over the last six months (since inception!).

👉 Start your one-month trial now for just $10, and be ready for the next trade alert.