The S&P 500 Just Did Something That's Only Happened 20 Times in 82 Years -- and It Has a 100% Success Rate in Predicting Which Direction Stocks Will Move Next.
The S&P 500 (SNPINDEX: ^GSPC) includes the 500 largest companies in the U.S. and is the most widely followed benchmark of stock market activity in the country. Because it represents such a broad cross-section of American businesses, it's widely considered to be the most dependable gauge of overall stock market performance.After spending more than two years squarely in rally mode, the storied index has fallen on hard times, driven lower by persistent inflation, the imposition of tariffs, and the burgeoning U.S. trade war with China. These factors have combined to create an environment rife with volatility. In fact, the U.S. stock market just notched its worst start to a Presidential term since 1928, according to Bespoke Investment Group.However, the S&P 500 just flashed a rare and important signal that suggests the tide could be turning.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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