Read the story here. Advertise at Before It's News here.
Profile image
By Global Macro Monitor
Contributor profile | More stories
Story Views
Last Hour:
Last 24 Hours:

S&P’s Great Run…What Next?

% of readers think this story is Fact. Add your two cents.

The S&P500 price index is up 25.30 percent going into December, the 9th best performance for index from January to November since 1950.   What makes this year’s rally unique to the prior big years is that it launched from the nastiest Q4 and December, in particular,  in the preceding year.   So in some sense, much of the rally has been a reflexive rally from the crash in Q4 2018 and goosed by the Fed.

What to expect in December and next year after such a great run?

We don’t know but do look too similar markets from the past for some guidance.  We crunched the data and though past is not always prologue,  we do know that the algos look to historical data for patterns in their predictive analytics and set trading and market perimeters.

The data show that the average December for the years with such momentum in the first eleven months average a 1.42 percent, which is almost exactly what the average return is for all the Decembers in the data set (1950-2018).

Next year?  The average return for the proceeding year for the eight years of 26 percent-plus returns from January to November is 13.15 percent,  which is about 500 bps above the average return for the S&P for all years.


Given that valuations are at, or close to record highs, we suspect the prospective returns that history suggests are a bit too bullish.

Source:  Mark Hulbert, MarketWatch

Maybe the inertia and the increasingly positive narrative that “things are turning up” pushes the S&P a bit higher into the New Year, which of course will be determined if the Chinese get their rollback on some tariffs and President Trump does not impose the round of tariffs scheduled for December 15th.

We are waiting for a better set up to sell this market after getting stopped out at 3125.

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Join our affiliate program and earn extra money by sharing with friends and family or by posting on your social media.

Order by Phone at 888-809-8385 or online at

Get our Free Ebook, "Suppressed Health Secrets"  with  Natural Cures THEY don't want you to know!

APeX - Far superior to colloidal silver! Destroys Viruses, Bacteria, Pathogens with Oxygen plus Silver!

Supreme Fulvic - Nature's most important supplement! Vivid Dreams again!

Ultimate Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Organic Hemp Extract (CBD) - Full Spectrum high CBD (3300mg) hemp extract eases stiff joints, relieves stress and more!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

FINAL WARNING!  Diseases are EXPLODING!  Watch this Video about APeX and You'll THROW AWAY Your Colloidal Silver!  APeX destroys Viruses, Bacteria and other Pathogens with the power of Oxygen PLUS Silver!  Nobody else has a product like THIS!   See why the inventor hasn't been sick in 16 years and why you'll never hear about it on the FAKE NEWS!  Get some now and tell your friends about it too so we can reach more people!  

APeX Interview - Superior to Colloidal Silver from Lee Canady on Vimeo.

Learn about APeX Here and Get the 50 Page Report in PDF format.   Call us at 888-809-8385 to order by phone.

Report abuse


    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Load more ...




    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.