A Winter Wonderland for Stocks?
On Nov. 1, the market enters what is usually the strongest six-month stretch for the Standard & Poor's 500-stock index: November through April, which has historically trounced the May through October period. A review of price action for the S&P 500 index from 1945 through 2005 shows that the S&P 500 advanced an average of 7.1% during the November-April period (without dividends reinvested), but gained only 1.5% from May through October. What's more, the November-April period outperformed May-October 68% of the time.
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