Sunday, September 29, 2024

The S&P 500 After the Current Six-Month Pattern | Wayne Whaley

If the S&P doesn’t lose 1.6% on Monday, it will mark the fifth consecutive positive month, following the 4.2% loss in April.


Since 1950, this six-month pattern of one decline followed by five consecutive increases
(Down-Up-Up-Up-Up-Up) has occurred 29 times. In 27 of those instances, the S&P was higher 12 months later, with an average gain of 12.8%.