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zerohedge.com / Via Dana Lyons’ Tumblr on 10/01/2015 15:20
4th quarters in years ending in “5″ have typically been big…but will it be enough to save 140-year streak of positive “year 5′s”?
Way back on January 3, we posted a note on an interesting and unusual streak. Using the S&P 500 (and the S&P Composite from Robert Shiller, pre-1950), every year ending in a “5″ has posted a positive return since 1875. In other words, the last 13 “5″ years have left stock investors “high-fiveing” each other. We will say right off the bat that, no, we do not, nor do we recommend basing one’s investment approach on this phenomenon. It is likely mainly due to coincidence, with a healthy dose of positive Presidential Cycle “Year 3″ tailwind mixed in for several of the years. Nevertheless, it is a consistent and compelling track record.
The post Can The 4th Quarter Save 140-Year “Year 5” Streak In Stocks? appeared first on Silver For The People.