Market Up in Years Ending in 8 90% of the Time Since 1900

Article Submitted by: MBANewlyMinted
Stocks - Options - Mutual Funds


Sam Stovall, the Chief of the S&Ps Investment Office had some interesting stats about the market. Among them, the market has been up in years ending in 8 90% of the time since 1900 with the average gain of 15%. In addition, the average gain in an election year is 8%.

 

Submitted: Nov 9, 2007    Views: 273    Comments: 2    Likes: 7   


Sam Stovall, the Chief of the S&Ps Investment Office had some interesting stats about the market.  Among them, the market has been up in years ending in 8 90% of the time since 1900 with the average gain of 15%.  In addition, the average gain in an election year is 8%. 

 




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Comments Received:

dumb and dumber
(Unregistered)

Of all of the dumb reasons why people can think that the market is going up, this is the dumbest.

Posted: Nov 9, 2007

Author/Submitter Response:

Maybe. I wouldn't invest on it.

alphonso porter bedoya
(Unregistered)

Is he REALly the Chief?
Where are his medals?
Why isn't he smiling?
Did he really sell Hoover vacuum cleaners before they hired him?
Does he follow sun spots, or, foretell fortunes from cat piss patterns on mounds of Hampton beach sand?
Tell me, Archy. I needs to know.

Ure 'umble servant.

Posted: Nov 9, 2007

Author/Submitter Response:

Nothing to add on this one.



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