Swing Trading Strategies & Stock Picks Since 2003

No trades today but we do have some stats below that you should find helpful. (Please click on the "Instructions" heading at the top of the the blog for getting into older trades.) What has happened in the the past when it is the first quarter and the S&P closes above the closing price of yesterday and the Producer Price Index was lower than expected? (This happened yesterday) The S&P rallies in 82% of the cases (14 of 17) by an average of 5.3% relative to the close of yesterday. (Wednesday, March 17th.) The average of the 3 declines is -1.8%. The overall return of the 17 cases is 4.0%, which, based on the close of yesterday (1165.7) provides a target price of 1212.33. The peak of this bullish edge is in 31 trading days, which would be Thursday, April 29th, 2010.