Elena Nikulina

Ryan Detrick: October 28th historically strong as Fed meeting coincides with key day

Ryan Detrick: October 28th historically strong as Fed meeting coincides with key day
October 28th and Fed meeting overlap

October 28th has been historically the best day of the year, according to Ryan Detrick. This year, the date coincides with a Wednesday and a Federal Reserve meeting. Detrick referenced past S&P 500 performance under Kevin Warsh, noting declines of 1.21% in June, 1.52% in July, and 0.45% in September.

Detrick previously highlighted that the S&P 500 saw only one new low for the second straight day, following 21 new highs the day prior, as reported in earlier data. He also noted the index has climbed about 18% since March 30, 2026, tracking a standard post-midterm year pattern described in another post. Both observations add further context to his market outlook around key calendar events.

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