Opinion: What the solar eclipse on Aug. 21 will mean for stocks
Might the solar eclipse coincide with the final bull-market top?
By Mark Hulbert
Published: Aug 15, 2017 8:51 a.m. ET
More: What the solar eclipse on Aug. 21 will mean for stocks - MarketWatchOn no occasion did a total solar eclipse visible in the U.S. occur on the day of a major market turning point. The closest was the market bottom on Sept. 7, 1932, which came just a week following the eclipse on Aug. 31 of that year. But other eclipses haven’t occurred anywhere near as close to turning points. The eclipse on Jan. 24, 1925, for example, came in the middle of the great bull market of the 1920s; no major trend change was on even the distant horizon.
.
.
On average since 1900, 10 months have separated major market turning points and total solar eclipses that were visible within the U.S. But there was a huge range:
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
S&P500 (C Fund) (delayed) (Stockcharts.com Real-time) |
DWCPF (S Fund) (delayed) (Stockcharts.com Real-time) |
EFA (I Fund) (delayed) (Stockcharts.com Real-time) |
BND (F Fund) (delayed) (Stockcharts.com Real-time) |
||
Yahoo Finance Realtime TSP Fund Tracking Index Quotes |
Bookmarks