{"id":517956,"date":"2010-04-06T12:31:49","date_gmt":"2010-04-06T16:31:49","guid":{"rendered":"http:\/\/www.businessinsider.com\/more-perspective-on-this-ridiculous-cant-lose-market-2010-4"},"modified":"2010-04-06T12:31:49","modified_gmt":"2010-04-06T16:31:49","slug":"more-perspective-on-this-ridiculous-cant-lose-market","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/517956","title":{"rendered":"More Perspective On This Ridiculous Can&#8217;t-Lose Market"},"content":{"rendered":"<p><em>(This guest post previously appeared at the <a href=\"http:\/\/pragcap.com\/chart-of-the-day-an-83-win-rate\">author&#8217;s blog<\/a>)<\/em><\/p>\n<p>We&rsquo;ve joked about the recent rally and how, if you were new to the market, you might think that there was an SEC ban on all selling.&nbsp; We all know the stats by now.&nbsp; Stocks have risen in 70%+ of all sessions for over double digit gains over the last 2 months.&nbsp; Monday&rsquo;s are almost guaranteed 1% rallies. Volume is always low.&nbsp; Declines are never more than 0.2%.&nbsp; But this all pales in comparison to what has happened in the banking sector. The banks have rallied a jaw-dropping 83% of the time during the recent rally.&nbsp; Out of the 41 previous sessions just 7 of them have been to the downside and just 3 of those were 1% declines.&nbsp;&nbsp; Over the course of the move the banks have surged 21.5%.&nbsp; You could certainly call the banks the most hated sector in the entire U.S. economy so it&rsquo;s only appropriate that the banks surge over the course of the world&rsquo;s most hated rally&hellip;.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bbb61557f8b9ab166d00200\/chart.png\" border=\"0\" alt=\"chart\" \/><\/p>\n<h3><a href=\"http:\/\/pragcap.com\/\"><strong>Read more market commentary at PragCap.com &gt;<\/strong><\/a><\/h3>\n<p><a href=\"http:\/\/www.businessinsider.com\/more-perspective-on-this-ridiculous-cant-lose-market-2010-4#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/Xe13n6JnYjM\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(This guest post previously appeared at the author&#8217;s blog) We&rsquo;ve joked about the recent rally and how, if you were new to the market, you might think that there was an SEC ban on all selling.&nbsp; We all know the stats by now.&nbsp; Stocks have risen in 70%+ of all sessions for over double digit [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-517956","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/517956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=517956"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/517956\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=517956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=517956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=517956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}