Most of the time, shares are up nicely, except when there’s, um, a recession, an LPL study says.
Tag: LPL Financial
Strong economy overcomes predictions of a down quarter and may push up profits ahead.
For the past 20 years, the fourth month has been the best for the S&P 500, rising an average 1.7%, LPL Financial says.
With 90% of S&P 500 stocks above their 50-day moving average, look for at least another good six months, LPL’s Detrick says.
When the market has been good before the ninth month, its poor rep doesn’t matter.
Upsetting events have a way of showing up this month and hurting stocks, LPL’s Detrick warns.