Year End Rallies (with Josh and Tony Dwyer)
The S&P 500 came into October this year up double digits. It has done so on 42 occasions since 1926. That\u2019s almost 50% of the time.\xa0\nOf those 42 times, in 35 cases the market went up through the end of the year. That\u2019s an 85% success rate, about as one-sided as market statistics can get.\xa0\nOn only 7 occasions did it fall in the fourth quarter.\xa0\nBUT....\nThe 3 worst Q4 losses ever all occurred with the market up double digits - these worst Q4 drops ever were 1929, 1987 and last year\n-28%, -23% and -14%\nSo most of the time when stocks are already up they continue to go up. but sometimes they also get crushed.\nThe average gain is 4.5% (even including the losses). this is also the 24th time the S&P has been up 20% or more through 3 quarters of the year.\nWe talked with famed Wall Street strategist Tony Dwyer about the tendency for markets that have a good three quarters to finish strong, and why this year looks like it should fall in line with the historical data.\xa0\n1-click play or subscribe on your favorite podcast app\n\xa0\nSubscribe to the mini podcast on iTunes or Spotify\xa0\n\xa0\nEnable our Alexa skill here - "Alexa, play the Compound show!"\n\xa0\nTalk to us about your portfolio or financial plan here:\xa0\nhttp://ritholtzwealth.com/\n\xa0\nObviously nothing on this channel should be considered as personalized financial advice just for you or a solicitation to buy or sell any securities. Please see this 3,000 word terms & conditions disclaimer:\nhttps://thereformedbroker.com/terms-and-conditions/\n Hosted on Acast. See acast.com/privacy for more information.\nLearn more about your ad choices. Visit megaphone.fm/adchoices