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Since 1980, when stocks surge through April, this is how they do for the rest of the year

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Since 1980, when the S&P 500 has gained 10% or more January-April, the index has traded higher the rest of the year nearly 90% of the time.

Since 1980, an S&P 500 return of 10% or greater in the January through April period has been followed by solid full-year returns in the S&P, Dow Jones Industrial Average and Nasdaq Composite.

The Federal Reserve's dovish policy in 2019 has been seen as the primary driver of the stock surge. Comments from Fed chairman Jerome Powell on Wednesday that low inflation is "transitory" and an interest rate cut is not warranted sent the Dow down by more than 150 points.The first four months of 2019 have been the best start for the market since the January-April period of 1987.

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Since 1980, (insert any measure here), the S&P500 provides gains because 90% of the time it goes up. Lets all forget about the fact that 10% of the time it goes down, it drops 40%-50% and wipes out years of gains.

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