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Yahoo! Inc. Message Board

  • zissi022000 zissi022000 Nov 16, 2012 5:05 AM Flag

    I just starts....

    Things may not be looking so good right now, but there’s still hope for the near future. Why? Well, a negative return for the S&P 500 Index from Halloween to Thanksgiving usually signals strong performance for the remainder of the year.

    From 1950 to 2011, there were 21 instances in which the S&P 500 produced a negative return from the end of October through the Wednesday before Thanksgiving. On 17 of those occasions, the market registered a gain the rest of the way. The Thanksgiving to New Year’s rally resulted in a 2.68% return for the index on average — well above what could be expected in a typical month. On the occasions in which stocks failed to rally, the downturns were fairly benign.

38.19-0.33(-0.86%)Jul 29 4:00 PMEDT