Just to add some balance to the bearish sentiment of my last post.
Cheers
Fid DYOR and IMO
“Detrick said that since 1931 there have been 22 times when the S&P 500 posted a losing streak of eight days or more. In those instances, the S&P 500 rose over the next 12 months 76% of the time, with an average return of 14%. Stocks also rose in the six-month period after such a streak 74% of the times, returning 8.9% on average.”
Ryan Detrick
Senior Market Strategist LPL Financial
All bets are off, page-2
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