The S&P 500 Made a Historic Move for the 7th Time in 75 Years in April -- and It's Correctly Predicted Where Stocks Go Next 100% of the Time
An exceptionally rare event during a historic bout of volatility serves as the proverbial light at the end of the tunnel for investors.
When looking back more than a century, you won't find an asset class that's delivered a higher average annual return than stocks. But this doesn't mean the stock market isn't without its occasional pitfalls.
Since the broad-based S&P 500 (SNPINDEX: ^GSPC) notched its record-closing high on Feb. 19, we've witnessed the iconic Dow Jones Industrial Average (DJINDICES: ^DJI) and S&P 500 both fall into correction territory. Meanwhile, the growth-propelled Nasdaq Composite (NASDAQINDEX: ^IXIC) shed more than 20% of its value and entered its first bear market since 2022.
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