China's Record Stock Market Streak

Tyler Durden's picture


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:

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.

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The question is - how much longer can authorities keep their foot on the throat of volatility as policy uncertainty reaches record levels?

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DC Beastie Boy's picture

$23T loaned out to members of the Fed (rchilds and china) does wonders for both US and Chinese stock markets!

Fascal rascal's picture
Fascal rascal (not verified) DC Beastie Boy Mar 20, 2017 9:18 PM

That rchild dick fuck dying just injected life money into globalists like the stem cells injected to keep him alive until 101.

I wonder if he re-thought as he was dragged into hell.?

BullyBearish's picture

to amerliorate the imminent $hit storm caused by higher rates and stronger dollar...

Snaffew's picture

he will be pissed when he gets there to realize that he will only be one of thousands of princes of darkness.  The devil has more players in his office than DC.


Priced in digital clown bux. 

Bernie Madolf's picture

China Corp balance sheets makes Enron look like a strong investment

jmack's picture

somethings going on, gold droping, oil and equities moving up.

decon's picture

I just saw that also, don't recall a drop like that during Hong Kong trading.  Something is up!  Dollar dropped like a rock at the same time.

mosfet's picture

Sushi spiked up so maybe BoJ said something.

Snaffew's picture

my cock drops like a rock every time i see these markets move up further....soon i will be tucking it into my shoes---i guess I should thank the markets for something good.

Snaffew's picture

something is going on all right---the money in the markets despise logic and rationalization---tomorrow will be a pump job that has a 5 percent chance of turning into a pump and dump.  I guess 1:20 odds are better for a drop in the markets than they have been for months now.

Seasmoke's picture

Gold just smacked with another $10 drop out of nowhere. It's pretty obvious by now. We all are just wasting time.

Tiwin's picture

Dear investment Abby: My twelve dollar stock just plummeted ten cents. Should I panic sell?

TheRideNeverEnds's picture

Remember a couple years ago when this site was full of articles about how China was crashing and the stock market was finished forever?

Tiwin's picture

Reading this site for 5 years has taught me that Tyler is a Glass half empty kinda guy!

Muad'Grumps's picture

The CBs have long ago taken over the markets. Aug 24 2015 the algos ran over them. It's apparent they've taken measures since to keep a lid on volatility. For chrissakes we've got huge gaps that need to be filled. If you're equity bull you want these filled asap. 


What happens during the next flash crash? I don't think we'll see it. Trading will simply stop even before the 10% circuit breaker.

Snaffew's picture

yes....the 10 percent circuit breaker has been reprogrammed to go off at 1 percent followed by an algo BTFD run to the green where the market might actually drop back down and close at -0.005 percent if it is truly a "bad" day.  Resistance is futile until all the right people have sold and are locked in to their short/put positions.  Coming sometime soon in october 2017 just to be a cliche'.

Let it Go's picture

Your point is well taken. Most investors think that even if things go downhill fast that they will be smart enough to get out of the markets. After the debacle in 2008 where they saw the market take nasty and violent swings they learned a few things, this time, they figure they will make the right moves before it is too late. But what if it hits like the flash crash on steroids?

Imagine a scenario where the if the market falls like a flash crash on steroids investors are trapped. They have been assured that can't happen because circuit breakers have been put in place to arrest panic style moves but if trade is halted, and the market simply does not reopen for days or even weeks suddenly it is a new game. As remote as this might seem the article below explores this possibility and the far-reaching ramifications.


jamesmmu's picture

The Upcoming Trade War Between The U.S. And China Will Be The Biggest In The History Of The Planet

Muad'Grumps's picture

It's probably going to be a shooting war. China's in a hurry to butch up its sissy boys.

Snaffew's picture

futures are up again for tomorrow----looks like the streak may be 110 days at the close unless something completely off the cuff happens---like a dawning realization of the lunancy of these market levels in the face of just about every bit of hard data and then finally ignoring the soft data.