A good first quarter for stocks almost always leads to a solid year

div > div.group > p:first-child"> According to BMO, every time the S&P 500 scored a gain of 10% or more in the first quarter of a year since 1935, the market managed to climb up 6% more on average for the rest of the year with positive performance during 11 of the 12 times.

There's of course more reasons to buy, according to BMO chief investment strategist Brian Belski. For one, the epic rally has actually showed"healthy market breadth," meaning the participation has been broad-based, as opposed to be driven only by mega-cap tech names. "Slowing global growth has been one of the biggest concerns over the past several months ... Interestingly, however, the 25 S&P 500 companies with the largest percentage of foreign sales have seen a sharp bounce in relative performance this year," Belski said."Slowing global growth is certainly a concern, but the effect on these companies may not be as terrible as headlines suggest.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

First quarter earnings are expected to be lousy, but the stock market may not careThe worst earnings season in three years is about to begin, but stock strategists say the market should be able to ignore weaker profits and continue to edge toward all-time highs. Earnings don’t matter unless they are collapsing. The Fed matters more. 999 baby! Glass half empty. Classic spin LOL... What a joke this is You people keep trying to fool the market... It will not last
Fuente: CNBC - 🏆 12. / 72 Leer más »

Chipmakers have surged this year, but first-quarter earnings reports might really disappointSemiconductor stocks, up sharply this year on hopes for a China trade deal, could face their day of reckoning during earnings season.
Fuente: CNBC - 🏆 12. / 72 Leer más »

Sam Stewart Picks Stocks the Way He Always HasAt 76, the founder of Wasatch Funds is working at a new company, with his sons. But he still believes in growth stocks.
Fuente: WSJ - 🏆 98. / 63 Leer más »