Can We Expect More Gains in Q2?
S&P 500 is poised for a nearly 10% price gain in the first quarter, with a remarkable 30% rally from its October 27 low.
This strong start has prompted investors and strategists to consider market correction.
However, data from 1970 suggests that such strong beginnings often indicate a continuation of the rally, with the S&P 500 historically showing an average first-quarter gain of 2.5%.
When the index outperforms this, the second quarter typically sees an even higher gain.
-----------------
How do you expect the performance in the rest of the year?