Today marked 100 trading days since the Nasdaq 100’s March 20th COVID Crash closing low.  Below is a chart showing the rolling 100-trading day percentage change of the Nasdaq 100 since 1985.  The 59.8% gain over the last 100 trading days ranks as the 3rd strongest run on record.  The only two stronger 100-day rallies ended in January 1999 and March 2000.

While the Nasdaq 100 bottomed on Friday, March 20th, the S&P 500 bottomed the following Monday (3/23).  This means tomorrow will mark 100 trading days since the S&P 500’s COVID Crash closing low.  Right now the rolling 100-day percentage change for the S&P 500 sits at +46.7%.  But if the S&P manages to trade at current levels tomorrow, the 100-day gain will jump above 50%.  It has been 87 years (1933) since we’ve seen a 100-day gain of more than 50%!  Click here to view Bespoke’s premium membership options for our best research available.

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