The S&P 500 (SPY) has gone 505 days without a 10% correction, writes Steven Russolollo. It's...


The S&P 500 (SPY) has gone 505 days without a 10% correction, writes Steven Russolollo. It's just the 6th time this has happened since 1962, according to Birinyi Associates, and in each of the other 5 instances, the S&P averaged a 9.2% gain over the next 6 months, and 13% over the ensuing year.
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Comments (4)
  • Ron Jaenisch
    , contributor
    Comments (31) | Send Message
     
    Looks like she is going down the Babson trading profit ladder to me. You can see my comments on my blog as prices made the highs today.
    25 Feb 2013, 01:32 PM Reply Like
  • Income
    , contributor
    Comments (3) | Send Message
     
    SPY has corrected >10% every year since 2009 http://scharts.co/Zvt2WJ
    25 Feb 2013, 01:34 PM Reply Like
  • dacama1
    , contributor
    Comments (221) | Send Message
     
    Wondering if there was a 10% correction between the 500th day and the 13% return in the next 12 months? Inquiring minds would like to know.
    25 Feb 2013, 01:41 PM Reply Like
  • Brad_Gregory
    , contributor
    Comments (2) | Send Message
     
    As the author points out historical performance is not a predictor of future results but interesting statistics none the less!
    25 Feb 2013, 03:43 PM Reply Like
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