Today is historically the single best day for the stock market all year

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Oct. 28 has been the single best day of the year for stocks going back to 1950 with an average return of 0.54% on the S&P 500, according to LPL Financial.

"It kicks off the best six months of the year and says goodbye to the worst six months," said Ryan Detrick, senior market strategist for LPL Financial.

"The last few days of October to the first few days of November is one of the strongest times of the year," Detrick said. This time of the year is also the period when investors following the sell-in-May-and-go-away strategy come back to the market, usually in November.

 

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ntfri What

Another day of gains not based on any business fundamentals a

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

What to watch today: Dow to rise, Alphabet to report earnings, and Brexit extension approvedU.S. stock futures point to a higher Wall Street open, giving the S&P 500 another chance to break its July record highs. None of the above. I’m going to watch trump get booed alllll day!!! Just keep printing baby
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