13 Consecutive Up Days: The Data Behind the Rare Move #nasdaq

Why It Matters

A 13‑day Nasdaq surge challenges conventional risk expectations, and earnings season will reveal whether the rally can sustain momentum or face a sharp pullback, directly impacting portfolio strategies.

Key Takeaways

• Nasdaq up 13 days, a historically rare streak.
• Such streaks last seen in early 1990s and 2017.
• 2017 marked one of lowest volatility years for S&P.
• Nasdaq 100’s 2017 volatility was second lowest on record.
• Expect earnings season to test durability of the rally.

Summary

The video highlights the Nasdaq’s 13‑day winning streak, an event the host describes as exceptionally uncommon for a broad‑based index. He notes that such prolonged upward moves have only appeared sporadically, most notably in the early 1990s and during the 2017 calendar year.

Data points reinforce the rarity: 2017 recorded one of the lowest volatility years for the S&P 500 since 1965, while the Nasdaq‑100’s volatility that year ranked second‑lowest on record. The host emphasizes that the current rally mirrors those low‑volatility periods, suggesting a calm market environment despite the sharp gains.

A memorable quote captures his instinctive reaction: “my reptilian brain says this thing needs to go down,” underscoring the psychological tension investors feel during extended rallies. He also references the historical context, recalling the Iraq War era as another comparable stretch.

Looking ahead, the analyst warns that the upcoming earnings season could either validate the trend or trigger a correction, urging market participants to monitor corporate results closely as the next test of the rally’s resilience.

Original Description

The Nasdaq just put together 13 consecutive up days. On tastylive's Options Trading Concepts Live, Kevin Davitt, Head of Index Options Content at Nasdaq, gives the historical context. It has happened before: once around the early nineties Iraq war, and once in 2017, one of the lowest volatility years on record for the S&P going back to 1965. Rare, but not unprecedented. And after moves like this, the data says they tend to get digested.

#otcl #tastylive #kevindavitt #nasdaq #stockmarket #marketanalysis #impliedvolatility #optionstrading #rallystrategy #financialeducation

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