A Look at Market Performance on Days When Bernanke Speaks

Discussion in 'Psychology' started by ASusilovic, Mar 16, 2008.

  1. Ever feel like the market is always down when Ben Bernanke is speaking? We gathered all of Bernanke's testimony and speeches from the Fed's website and calculated how the S&P 500 has performed on these days. While it's probably (wink wink) more coincidence than cause, the average performance of the S&P 500 on these days has been -0.12%. The last six days that we have heard from Bernanke publicly have seen the S&P 500 decline all six times for an average loss of 1.31%. The next time Bernanke is speaking publicly, the market needs to turn the TV off!


    Funny...:p :D :)
  2. ?............."streaks" in the data tend to make for decent reversals in the market, i.e. FEB-06,MAY-06, FEB-07 and maybe now is a set-up for a decent rally beginning around April-15. At that time. the experts will be saying "buy in May and go away". We'll see. :cool:
  3. That is a very nice "chart" I did something similar and informal on Greenspan. It was nice to predict and see the market doing the opposite. There were a few "aha" moments, bells and whistles going off saying something isn't right.