Today’s Chart of the Day was shared in a note by Jeff Hirsch (@AlmanacTrader). Jeff points out that the last 4 trading days in October and the first 3 trading days in November have a pretty bullish track record. He calls this the Halloween Trade. As you can see, the S&P 500 has only been lower 4 times in the past 27 years during this seven-day stretch. That's an 85% win rate for an average gain of 2.08% and a median gain of 1.50%. For more on this, check out the full note here.
Chart of the Day - Thursday, October 28th, 2021
October 28, 2021
