What a first 6 months, with the S&P 500 up 14.4% YTD. The good news is a strong first 6 mos usually means a strong next 6 mos. When the SPX is up >12.5% YTD at the end of June, the next 6 months are up a median of 9.7%. That is nearly 2x the […]
Chart of the Day – Tuesday, March 23rd, 2021
The bull market begins year two today. The good news is looking at the 6 previous 30% or greater bear markets since WWII, year two was higher every single time. The avg return was 16.9%, but there was a double digit pullback on avg as well. pic.twitter.com/fD9xmtnmKr — Ryan Detrick, CMT (@RyanDetrick) March 23, 2021 […]
Chart of the Day – Wednesday, December 23rd, 2020
The #SantaClausRally starts tomorrow (final 5 days of the year and first two of the following year). Going back to 2000, it is pretty clear if these usually bullish 7 days are higher, it bodes well for January and the full year. If Santa fails to call? Trouble could be coming. pic.twitter.com/k5gUlb7yfy — Ryan […]
Chart of the Day – Wednesday, December 2nd, 2020
Huge months like November tend to be the start of a new bull move, not the end. Here are all the >10% monthly moves for the S&P 500, with continued strength 6 and 12 months later quite likely. pic.twitter.com/WzvxMdBWXf — Ryan Detrick, CMT (@RyanDetrick) December 2, 2020 Today’s Chart of the Day was shared by […]
Chart of the Day – Thursday, October 1st, 2020
What happens to the S&P 500 when the usually weak Q3 is up a lot (>7.5%)? Well, Q4 has gained every single time, up 11 for 11, with an average return of 7.3%. pic.twitter.com/QIMWsrUzAW — Ryan Detrick, CMT (@RyanDetrick) October 1, 2020 Today’s Chart of the Day was shared on Twitter by Ryan Detrick […]