Information is critical during seas of volatility, and we're in one of the stormiest periods in recent history
Durham, NH (PRWEB) March 12, 2008
E.B. Capital Markets, LLC, an independent research firm serving institutional portfolio managers, has released a free 2 page S&P 500 report which summarizes the historical returns of the S&P 500 for 1, 3, 7 and 30-day periods following an up 3% or greater day in the market. Since 1950, only 65 days have enjoyed a 3% or greater daily return in the S&P 500. March 11, 2008 marks the 33rd best daily return in the S&P 500 since 1950. The 3.71% return is the highest return since October 15, 2002.
On average, the S&P 500 has closed higher 1-day, 3-days, 7-days and 30-days following a +3% or more daily return. The average return of the S&P 500 30 days following an up 3% or greater daily return is +1.97%. Historically, the market has traded higher 7 days following an up 3% or greater day 68% of the time. 30 days following the up 3% day the market has risen at least another 3% nearly 50% of the time. This free report is available by contacting http://www.ebcapitalmarkets.com.
"Information is critical during seas of volatility, and we're in one of the stormiest periods in recent history " said Todd Campbell, President & Founder of E.B. Capital Markets, LLC. "This report provides investors with a valuable free history lesson - a lesson which can help them profit from big market moves." Mr. Campbell added, "It is much more likely, historically, for the market to trade higher a month from now than to trade lower."
For additional information on the free S&P 500 report, contact Todd Campbell or visit http://www.ebcapitalmarkets.com.
About E.B. Capital Markets, LLC:
E.B. Capital Markets, LLC is an independent research firm providing equity research to institutional money managers including mutual, hedge and pension funds. Founded in 2003 by 10-year industry veteran Todd Campbell, E.B. Capital Markets, LLC provides fundamental, technical and seasonality research.