SFS Insights: Strong Start for Stocks Often Leads to Strong Finish
- Yesterday was the 100th trading day of the year and it has been a very productive first 100 days for stocks.
- Through yesterday, about 40% of the way through the year, the S&P 500 Index has gained a solid 8.1% (excluding dividends).
- Since 1950, in years when the S&P 500 has been up at least 7% through the first 100 trading days, the average gain over the rest of the year has been a robust 9.4%. That compares to the average gain of 5.4% in all years from trading day #101 through year end.
- The consistency of these strong finishes is also impressive. After these strong starts, the S&P 500 has added to those gains in 23 of 26 years (88%).
