Mind the gap! How long do you have to wait for an SPX gap to fill? The average is 33 bus days, but the distribution is very skewed. 50% of gaps filled in 7 bus days. 75% of gaps filled in 35 days. 9% of gaps currently unfilled. Data from March 29, beginning of official bull market.
Historically gaps filled been to be a tailwind for SPX. 7 […] View
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Exxon Mobil Corp. said in a filing late Friday it expects a boost of at least $2.5 billion to its bottom line in the second quarter from rising prices for oil and gas, with billions more coming from higher margins for gasoline and other energy products.