The stock market hits rare bullish trifecta that suggests big upside

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The stock market just hit a rare trifecta of bullish indicators that suggests massive upside this year

That's according to research that was pioneered by Jeff Hirsch of the Stock Trader's Almanac, and was recently highlighted by a number of Wall Street firms, including Carson Group's Ryan Detrick and Ned Davis Research.

Since 1950, the S&P 500 has completed the bullish trifecta 31 times, and 28 of those times the stock market went on to print positive returns for the rest of the year. That's a win ratio of 90%. On top of that, the upside is strong after the trifecta is completed, with an average gain of about 18%.

 

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Major top signal, JPow definitely bringing a juicy 75bps today

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Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

Stock market news today: Investors await Fed and mega-cap tech earningsUS stocks slide as investors turn focus to Fed meeting and brace for mega-cap tech earnings Not my kind of investing, don't follow every whim real investing is for the long haul
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