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Energy Stocks Down 5 Days In A Row

The S&P 500 Energy sector has declined 9.3% over the last 5 trading days and closed the day lower every day.  Below we highlight prior times where the S&P 500 Energy sector has had a 5-day losing streak in the last ten years.  Following these losing streaks, the average return for the sector has been 0.43% on day six and 0.45% over the next week.  As shown in gray shading, the sector has closed higher on day six the last seven times it has had a 5-day losing streak.

5daylosing

Source: Energy Stocks Down 5 Days in a Row