The market's two-month hot start to 2019 could mean more gains ahead, history shows

  • 📰 CNBC
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Data compiled by LPL Financial show the S&P 500 has posted gains in the final 10 months of the year in 25 of the 27 times it started a year with back-to-back gains in January and February.

Stocks rocketed higher in the first two months of the year. If history is any indication, equities are primed for further gains moving forward.

The S&P 500 plummeted in December, leading the index to its biggest annual decline since the financial crisis. Fears that economic growth would slow down, along with worries over Federal Reserve monetary policy and U.S.-China trade negotiations, propelled the broad index lower. "Technically and fundamentally and seasonally, things are pretty strong," said Jeffrey Hirsch, editor in chief of the"Stock Trader's Almanac.""Geopolitically, there are still some risks, but the Fed is on pause and that's a positive."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Two stories tweeted at the exact same time. Markets look good. & Markets look bad. The general public never knows the truth. America has legalized bribery, fraud and insider trading and the 1% don't play by the same rules.

You guys are so two-faced it's no longer funny

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The stock market rally to start 2019 is one for the history booksBoth the Dow and Nasdaq have yet to register a weekly decline in 2019, rare for this late in a year. It's one to fool people while causing far more Debt in this very late cycle with a ton of bad economic data Bullshit Trump stock markets breaking more records....... AGAIN!
Source: CNBC - 🏆 12. / 72 Read more »

Global stock market resurgence to be short-lived, 2019 outlook cut: Reuters pollGlobal stock markets in 2019 will at best only recoup losses from the deep sell-... G S M R ,malik o ,bana bir yafta yok başka derler ..Ra sa X çünkü birşey demeniz lazim Yes Trudeau’s shinning star is crashing harder than the Globalist agenda 21! Gloomy news indeed.
Source: Reuters - 🏆 2. / 97 Read more »