Yes. The FOURTH QUARTER (the months of October, November and December) is often good for stock investors. How frequently? 16 out of the last 20 years. And, last year, the stock market’s advance in the FOURTH QUARTER was spectacular – up 10.7%. In other words, a good surprise.
But, it’s no guarantee that the stock market in 2011 FOURTH QUARTER will be up. Only 4 years ago the S&P 500 hit its highest level ever of 1,565 before starting its 17 month long plunge to 660.
NOTE: The performance statistics are that of the Standard & Poor’s 500 Index which is an unmanaged index of 500 U.S. stocks. This index is widely considered to be representative of the total U.S. stock market. An investor cannot purchase this index as an investment although surrogates exist that possess similar perform characteristics.