S&P 500 Rises 1% Each Of The Last 4 Days, Something Done Only 3 Times Since WWII

The S&P 500 started with the best November ever with a 7.4% gain in the first four days and joined an elite performance club.

Four Days of 1%: The S&P 500 gained over 1% in each of the first four days of November.

This was something that had only been accomplished three other times since World War II, according to LPL Financial's Ryan Detrick.

All three of those occasions saw strong six month and 12-month performance for the S&P 500 afterwards:

  • On June 1, 1970, the S&P 500 saw a 12.3% gain over four days. The six- and 12-month performance after were 10.4% and 28%, respectively.
  • On Oct. 14, 1974, the S&P 500 saw a 12.2% gain over four days. The six- and 12-month performance after were 18.6% and 23%, respectively.
  • On Oct. 11, 1982, the S&P 500 saw a 10.2% gain over four days. The six- and 12-month performance after were 14.8% and 26%, respectively.

Related Link: S&P 500 Performs Best On Days Donald Trump Tweets 30 Or More Times: Study

What’s Next: The S&P 500 has seen an average annual gain of 11.8% under President Donald Trump. That trails the performance of Barack Obama, who saw an average gain of 12.4% during his eight-year run.

The best S&P 500 performances by recent presidents were a 12.8% average from George H.W. Bush and a 15.8% average gain from Bill Clinton.

The SPDR S&P 500 Trust ETF SPY is near flat Friday at $349.72.

Posted In: NewsFuturesPoliticsMarketsGeneralBarack ObamaBill ClintonDonald TrumpGeorge H.W. BushRyan DetrickS&P 500
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