The stock market (New York Stock Exchange) on Tuesday in the first half of 2013 had a 20-week-long streak of always entering positive territory at the end of the day. The Wall Street Journal had an April 23, 2013 “Moneybeat” blog post titled “The Stock Market’s Ridiculous Tuesday Streak Lives On.”
Tuesday was nicknamed “Terrific Tuesday” by websites on May 14, 2013 ("Dow Continues Terrific Tuesday Streak"), May 21 ("Trending Tuesday or Terrific Tuesday or Thrusting Tuesday is now on deck"), May 28 ("Stock Upgrades: Can Merck Lead the Dow to Another Terrific Tuesday?” and “Terrific Tuesday: Dow Marks 20th Consecutive Tuesday Gain"), and June 4 ("Terrific Tuesday: Why the Dow Loves the 2nd Day of the Week” and “Terrific Tuesday Traders Searching For Better Buying Prices"). Stocks closed lower on June 4, 2013, ending the 20-week winning streak.
Similar Wall Street nicknames for Tuesday iinclude “Turnaround Tuesday,” “Turbo Tuesday” and “Rally Tuesday.”
Dow Continues Terrific Tuesday Streak
This entry was posted on Tuesday, May 14th, 2013 at 3:41 pm
Our extended targets are coming into play on today’s push higher. The Dow is up 83 points to 15,175 while the S&P 500 is higher by 14 points to 1,648. The Nasdaq is advancing 27 points to 3,465.
May 21, 2013
So this is Tuesday.. and what we will do? $ES_F 1674 x 1621
By : redliontrader
Trending Tuesday or Terrific Tuesday or Thrusting Tuesday is now on deck. By now you know the Tuesday phenom as you have either made a ton of money on Tuesdays, or been slapped or been a spectator.
Stock Upgrades: Can Merck Lead the Dow to Another Terrific Tuesday?
By Justin Sharon May 28, 2013 9:21 am
Wall Street ratings agencies set the tone for today’s stock market.
Terrific Tuesday: Dow Marks 20th Consecutive Tuesday Gain
Published: Tuesday, 28 May 2013 | 3:23 PM ET
By: Pradip Sigdyal | Market Data Analyst
Tuesdays have been exceptionally good for the Dow Jones Industrial Average and if the index finishes higher today, it will mark the 20th consecutive positive Tuesday close.
The current streak is the longest Tuesday in history and the second longest ever for any day of the week. The last time Dow Jones even got this far was in 1927 when it closed up for 15 consecutive Tuesdays from June 1927 through September 1927.
In 1968, the the Dow rose for 24 straight Wednesdays from June through November.
Terrific Tuesday: Why the Dow Loves the 2nd Day of the Week
by CNNMoney Jun 4th 2013 9:03AM
Updated Jun 4th 2013 9:27AM
By Ben Rooney
The Dow Jones industrial average has posted gains every Tuesday for the past 20 weeks.
That makes it the longest winning streak for any day of the week since 1900, according to Ryan Detrick, chief technical analyst at Schaeffer’s Investment Research. The previous record was 13 (a three-way tie between Monday, Wednesday and Friday).
Terrific Tuesday Traders Searching For Better Buying Prices
Submitted by Tyler Durden on 06/04/2013 13:43 -0400
While there are still many hours left in the day… Tuesday does not appear too terrific right now…
New York City • Banking/Finance/Insurance • Tuesday, June 04, 2013 • Permalink