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The S&P 500 index has shown remarkable performance, with a 317-day streak without a 2% decline, the longest since 2016-2018. It has traded green in 23 of the last 30 weeks, a rare occurrence in the past 35 years. Analysts predict a potential 25% full-year return if the current trend continues.
The S&P 500 just posted its best weekly streak in 35 years. The index has increased in 23 of the last 30 weeks, a joint record since 1989, according to Deutsche Bank. Should the S&P 500 close up this week, it would mark the 24th weekly gain out of 31 previous weeks, a… https://t.co/Y2g3bUtHca
S&P 500 on pace for best performance during first 100 days of trading in a presidential-election year, per MW.
JPM - "Since 1950, whenever the S&P 500 finished with a gain of at least 10% through the first 100 days of the year, the average full-year return has been around 25%...if this pattern were to hold, the index would finish about 6k"