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Thursday, April 30, 2009
Great Back to Back Months - What's Next?
April is over and it was a great month for the S&P500 (the second in a row!) with the index closing up 9.4% after up 8.5% in March. This is the best two months streak since 1950. Since then we've had only three two months periods with the S&P up more than 15%. Here is a look at how the market fared after such episodes. (indexed to 100 just before the 2 months streak!)
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