Tag: LPL Financial
While small names have done OK, they suffer from factors like a possibly weakening dollar, the firm’s John Lynch argues.
Most of the time, shares are up nicely, except when there’s, um, a recession, an LPL study says.
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.