XCR1250 Posted December 12, 2019 Share Posted December 12, 2019 History shows Dow, S&P and Nasdaq could be in for another huge run in 2020 PUBLISHED TUE, DEC 10 20199:46 AM EST George Manessis@GSMANESSIS WATCH NOW VIDEO01:28 Why the S&P 500 is trending toward double-digit gains in 2020 KEY POINTS Since 1990 there have been six occurrences of the S&P 500 posting a gain over 20% through November. In the one-year period that follows, starting December, the S&P has posted big returns every time. So have the Dow Jones Industrial Average and Nasdaq Composite. Stocks kicked off the month of December with a losing streak, but despite the bumpy start — the Dow Jones Industrial Average shed more than 500 points in the first two trading days of the month — 2020 could be another big year for stocks, if history is any guide. The markets soared heading into the final month of the year, with the S&P 500 gaining over 25% in the first 11 months of 2019. Since 1990, the S&P 500 has gained at least 20% from January through November on six other occasions, and following those years, the U.S. stock market boom continues across all three of the major domestic equity indices. The S&P 500, Dow and Nasdaq Composite have turned in big years — measured in the December to December annual period — 100% of the time after similar S&P 500 gains through November. The S&P and Nasdaq gains have averaged above 18%, while the Dow has posted an average gain of 15%. Of course, past performance does not guarantee future results. With the 2020 presidential election on the horizon, this time could be different. Quote Link to comment Share on other sites More sharing options...
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