Chart shows market rebound is second best ever during a growth period … behind the 1998 tech boom

The market rally is mimicking a trend that hasn't been seen in more than two decades, according to Avalon Advisors' Bill Stone.

Stone's takeaway: It looks a lot like the dot-com boom based on 65 trading days since the December low. In a note out Monday, Stone wrote"Our analysis of rebounds following large declines since World War II puts this rebound at the high end of the typical at this point."Since the December meltdown, the S&P 500 has surged more than 22 percent. The index is now just 2 percent off its all-time high of 2,940, hit last September — a level he expects will be surpassed this year.

Where is the growth?

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Investors shun stock funds amid the market's best start to a year since 1998While stocks are on track to post their best quarter since 2009 and best start to a year in more than two decades, equity funds have failed to attract new money. Gonna lose their ass. republicans and a republican president caused the great depression ! same policies going on now ! anyone remember ? Does anyone take into account the market bottomed around the 1st of the year? Those are smart investors. On the other hand smart traders will be short.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Stocks rise as US-China trade talks restart, S&P 500 heads for best first quarter since 1998Markets closed up today, with the Dow closing higher for the third time in 4 days. Materials, financials and industrials sectors of the S&P 500 surged ahead, while communication services and utilities closed lower.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Stock market's best quarter in nearly 10 years could be followed with more gains if trade goes wellThe first quarter is on track to be the best in nine years, and the best start to the year for the S&P 500 since 1998. Could be followed by losses if trade goes poorly. More at 6 o'clock Yeah this isn’t orchestrated at all.... Them rich mf getting richer by the second while trump tries to take medicaid from struggling americans
La source: CNBC - 🏆 12. / 72 Lire la suite »