Five anonymised historical charts were dealt to every player. The Monkey Index returned -0.26% across the same tape.
132 desks completed all five charts.
The dot-com crash was behind us and the housing boom was quietly taking shape. A steady +6.5% grind here ended in a -2.2% slip over the next five days, before the stock kicked on to gain +1339.7% to today.
Rate hikes were biting and the 2023 banking scare had just rattled the market, dragging this chart down -9.7%. A swift +4.3% recovery over the next five days kicked off a steady climb, rising +29.1% to today.
The COVID crash had flatlined global energy demand and the street had largely written off oil during this sluggish +3.3% crawl. This chart captures the next five days as it surged +11.1%, kickstarting a +281.3% run to today.
Markets were bracing for a consumer slowdown under the weight of rate hikes — half the street thought the stock had run its course after a +28.7% winter rally. Instead, it tacked on +3.4% over the next 5 trading days and has run up +69.0% since.
The dot-com hangover was still lingering and tech was still treated with suspicion by a cautious market. This quiet 3.2% climb broke into a 7.3% jump over the next five days, launching a run that is 4684.4% up to today.