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.