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%.
🤣🤣🤣🤣🤣 exit liquidity.
Major top signal, JPow definitely bringing a juicy 75bps today
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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
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »