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Will St. Patrick's Day Bring Good Fortune to the Markets?

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Will the US markets break away from the recent losing streak for St. Patrick's Day as historically on average US equities have been more up than down on this day. Good Luck Today!

Dow (since 1896):

  • Up 62% of the time an avg of +.82%
  • Down 38% of the time an avg -.82%
  • Best St. Patrick's Day was in 2003; the Dow gained +3.59%
  • Worst St. Patrick's Day was in 1933; the Dow fell -3.53%
  • Closed up for 3 consecutive St. Patty's Day and 7 out of the last 9

S&P (since 1930):

  • Up 63% of the time an avg of +.81%
  • Down 37% of the time an avg -.86%
  • Best St. Patrick's Day was in 2003; the S&P gained +3.54%
  • Worst St. Patrick's Day was in 1933; the S&P fell -4.33%
  • Closed up for 2 consecutive St. Patty's Day and 7 out of the last 9

NASDAQ (since 1971):

  • Up 55% of the time an avg of +.95%
  • Down 45% of the time an avg -.81%
  • Best St. Patrick's Day was in 2009; the NASDAQ gained +4.14%
  • Worst St. Patrick's Day was in 1980; the NASDAQ fell -3.28%
  • Closed up for 2 consecutive St. Patty's Day and 7 out of the last 9

As of noon levels, the three major US benchmarks are significantly up. Leading the Dow higher are Hewlett-Packard , Caterpillar accounting for the biggest impact, Alcoa , Chevron , Pfizer , American Express and DuPont , all with gains of ~1.5% or more for the day.

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