Stocks were slightly lower Monday, but they could bounce back for a fairly decent gain over the next two weeks if the market follows a common post tax-day move.
div > div.group > p:first-child"> The S&P 500 over the past 20 years has averaged a near 1 percent gain in the week following the federal tax filing deadline and has been higher 75% of the time, according to Bespoke Investment Group. By the second week after April 15, the S&P has been up 1.5% and was higher 75% of the time.
The best performance was in 2001, when the S&P was up 3.8% after one week and nearly 6% after two weeks. Right after April comes the '"sell in May and go away" period for stocks. That's May through October when the market does not do as well as the previous six months. For instance, the Dow was down 0.6 percent on average in the period May 1 through Oct. 31, going back to 1950, according to the Stock Trader's Almanac. In the Nov. 1 to April 30 period over the same years, the Dow gained an average 7.5%.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
US stock indexes waver as banks fallGet breaking national and world news, broadcast video coverage, and exclusive interviews. Find the top news online at ABC news.
Weiterlesen »
European shares dip, banks and Boeing suppliers in focusMost European stocks slid on Monday amid losses across most sectors, with German...
Weiterlesen »
Stocks making the biggest moves midday: Spotify, Lyft, Waste Management & moreThese are the stocks posting the largest moves midday Monday.
Weiterlesen »
How to watch the Boston Marathon online and track the runners MondayHow to watch the BostonMarathon online and track the runners Monday
Weiterlesen »
Monday Morning BriefingMonday Morning Briefing: - Denials of immigrant visas skyrocket after little-heralded rule change - EU countries back starting trade talks with the United States - Ecuador's president says Assange tried to use its embassy to spy
Weiterlesen »
Bernie Sanders says he’ll release 10 years of his tax returns by MondayThe presidential hopeful had previously been vague on the timing.
Weiterlesen »