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February 16, 2024

Not Doing This Carries Heavy Costs

Hey, it’s Ross Givens here with the Chart of the Day. Examining the ‘Valentine’s Day Indicator,’ I’ve gathered data on the S&P 500’s performance for the remainder of the year when it’s up over 4% YTD on Valentine’s Day. Out of 28 instances, only two years saw the market close the year down. On average, the market surged 13.3% for the rest of the year in these cases. While it’s not a foolproof predictor, historical trends suggest a favorable outlook. Find out more in today’s Insight.

February 16, 2024 No Comments

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