Performance After A 20-Day Low On A Fed Day

One potential positive about the intermediate-term low Wednesday is that it came on a Fed Day. I looked back at other times SPX made an intermediate-term low on a Fed Day.

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Results over the first few days are underwhelming, but once you get out 1 week they look quite impressive.

 

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About the author:

Rob Hanna is the founder of Quantifiable Edges, a quantitative market research service he has run since 2008. His research focuses on statistical analysis of U.S. equity markets. In 2009 he published "The Quantifiable Edges Guide to Fed Days," available on Amazon. He was named the 2024 recipient of the National Association of Active Investment Managers (NAAIM) Founders Award and has since joined the NAAIM Board of Directors. Rob also works with Capital Advisors 360 as an investment advisor representative, where he utilizes quantitative and volatility-based models. Follow him on X / Bluesky / StockTwits / Facebook / Substack