Market Extra: This bull market may soon silence all the naysayers [MarketWatch]
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Source: MarketWatch
This bull market may soon silence all the naysayers These are exciting times for the U.S. stock market. The S&P 500 set a new record Tuesday and the bull market is about to claim the crown as the longest in history Wednesday. But things could get even more awesome for the market as it heads into what may be shaping up to be a very bullish season. Over the past decade, the one-month period from Tuesday’s close has been among the strongest for equities, according to analysts at Bespoke Investment Group. “We’re entering a period of the calendar year that has been exceptionally bullish for the S&P 500 over the last 10 years. Over the next month, the S&P 500 has posted a median gain of 3.31%, which gets a ‘perfect’ rating when looking at all one-month periods of the year,” said Justin Walters, co-founder of Bespoke, in a report. The S&P 500’s SPX, +0.21% performance over the next three months is even more impressive, with the large-cap index posting a median gain of 5.9% over the past 1
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