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Chart of the Day: Don't Chase the Trend

S&P 500 only during the day after it went up the previous day in blue,  owning it after it went down the previous day in orange

Contents

Today’s Chart of the Day from Bespoke shows the difference in price, excluding dividends, if you owned the S&P 500 only during the day after it went up the previous day (blue) vs. owning it after it went down the previous day (orange). 

Lesson: Don’t chase the trend.

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