In last 20 years, stocks’ largest gains came in March, April (ZT)# Stock
r*s
1 楼
It’s been a tough January and February, but forecasts suggest March and
April should be better.
That statement is true not just for the weather — which has been unusually
harsh in much of the U.S. — but also for stocks.
March and April have been the S&P 500’s two best months over the past two
decades, says Ryan Detrick, senior technical strategist at Schaeffer’s
Investment Research.
He shared some Schaeffer’s data showing that in the last 20 years, March
and April on average have delivered returns of 1.52% and 2.19%, respectively
, topping all other months. See the adjacent chart.
There’s no guarantee that this historical trend will hold in 2014, but it
does offer some solace for stock bulls. While the S&P 500 SP SPX +0.00% has
run into resistance this week as it’s neared its Jan. 15 record close,
perhaps that resistance will melt away as March begins.
The SPY SPY -0.05% , the giant ETF that tracks the S&P 500, did eke out a
record close this week, but like its index, it’s currently showing a slight
loss for the year to date.
A late February rally hasn’t quite made up for a swoon in late January and
early February, even though this month is on pace to provide the SPY with
its biggest monthly rise since October.
April should be better.
That statement is true not just for the weather — which has been unusually
harsh in much of the U.S. — but also for stocks.
March and April have been the S&P 500’s two best months over the past two
decades, says Ryan Detrick, senior technical strategist at Schaeffer’s
Investment Research.
He shared some Schaeffer’s data showing that in the last 20 years, March
and April on average have delivered returns of 1.52% and 2.19%, respectively
, topping all other months. See the adjacent chart.
There’s no guarantee that this historical trend will hold in 2014, but it
does offer some solace for stock bulls. While the S&P 500 SP SPX +0.00% has
run into resistance this week as it’s neared its Jan. 15 record close,
perhaps that resistance will melt away as March begins.
The SPY SPY -0.05% , the giant ETF that tracks the S&P 500, did eke out a
record close this week, but like its index, it’s currently showing a slight
loss for the year to date.
A late February rally hasn’t quite made up for a swoon in late January and
early February, even though this month is on pace to provide the SPY with
its biggest monthly rise since October.
