The DJIA rocketed on Wednesday. Fed action due to inaction and better than expected economic reports were all factors.
But, the amazing thing is that the move was the #7 in history – at least since 1901.
On an intra-day basis it ranked 48th out of 6,284 days…
Going back a bit into the past take a look at the return of the DJIA since the lowest low after 1901…. 29,000%!