Chart of the Day The stock market is now entering what has historically been the strongest half of the year. Today's chart illustrates that investing in the S&P 500 from the last trading day in October (therefore referred to as the Halloween indicator) through the end of April accounted for the vast majority of S&P 500 gains since 1950. While there are some noteworthy periods in which the Halloween indicator didn't produce (i.e. 1973-74 & 2000-01), the overall out performance is compelling. Stay tuned...
Notes: - Will the year-end rally come to be? The answer may surprise you. Find out with the exclusive charts of Chart of the Day Plus.
Source - Standard & Poor's
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Quote of the Day "Those who do not remember the past are condemned to repeat it." - George Santayana
Events of the Day
October 29, 2006 - Daylight Saving Time ends (US) October 31, 2006 - Halloween November 04, 2006 - Breeders' Cup November 05, 2006 - New York Marathon
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