The Dow Jones Industrial Average is in its longest win streak since February 2017.
Carson Group's Ryan Detrick observed that win streaks from the Dow suggest there is no recession in sight.
Blue chips were higher three months later 100% of the time, delivering an average gain of 5%.
They were also up six months later 100% of the time, delivering an average gain of 11%.
And 12 months later, they were up 80% of the time, delivering an average gain of just over 8%.
Persons:
Carson Group's Ryan Detrick, Dow, Ryan Detrick, Dow Jones, Detrick
Organizations:
Dow Jones, Dow, Service, Microsoft, Carson Group
Locations:
Wall, Silicon