In One Chart: This chart shows why the stock-market rally should survive the Ides of March

Beware the Ides of March?

The middle of this month actually tends to deliver gains, according to the chart below.

Almanac Trader

The chart shows how the main stock benchmarks SPX, -0.26%DJIA, -0.12% have performed on average, on each trading day in March. Based on data for the past 21 years, it comes from Stock Trader’s Almanac editor Jeff Hirsch.

“March’s mid-month surge is likely partly due to inflows to retirement accounts (those on a 1st and 15th pay cycle) and possibly in anticipation to the beginning of another bullish earnings reporting season in April,” Hirsch writes in an Almanac Trader blog post.

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