Since 1900, the Dow has had 130 seven-day winning streaks. The average change on day 8 has been 0.10%, while the average change for all days since 1900 has been 0.02%. The average change over the next week following 7-day winning streaks has been 0.59%, while the average change for all weeks since 1900 has been 0.12%.
Below we highlight the 7-day winning streaks for the Dow just since 1980. If we only go back to 1980, the Dow has been up on day eight 45.8% of the time, but it has still averaged a gain of 0.14%. Over the next week, the numbers are very positive at an average gain on 0.91% and positive returns two-thirds of the time.
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