About six weeks ago we began highlighting the S&P 500’s streak of consecutive trading days without a 1%+ decline.  The streak remains intact through today, and it now stands at 109 trading days.  If we make it past Wednesday without a 1%+ decline, we’ll surpass the 110-trading day streak that ended in May 1995.  If we make it through the end of the week without a 1%+ decline, we’ll surpass the 112-trading day streak that ended in June 1985.  Below is a look at historical streaks of trading days without a 1%+ decline going back to 1928:

dayswo

But while the S&P 500’s streak of 109 trading days without a 1%+ decline is impressive, China’s stock market is on an even more impressive one.  As shown below, China’s Shanghai Composite has now gone 64 trading days without a 1%+ decline!  While not as long as the US streak, it’s easily a record for China, which has historically been much more volatile than the US market.

shcompdown

 

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