The S&P 500 Just Did Something That's Happened Only 24 Times in 75 Years -- and It Has a 91% Success Rate of Forecasting Which Direction Stocks Will Move Next

Over the long run, no asset class has come close to matching stocks in terms of average annual return. But getting from Point A to B on Wall Street can sometimes be an adventure.Over the previous two weeks, the ageless Dow Jones Industrial Average (DJINDICES: ^DJI), broad-based S&P 500 (SNPINDEX: ^GSPC), and innovation-inspired Nasdaq Composite (NASDAQINDEX: ^IXIC) were whipsawed. All three indexes recorded some of their largest single-session nominal point gains and losses in the span of a few days. For instance, the S&P 500 registered its fifth-largest two-day decline in history on April 3 and April 4 (-10.5%), as well as its biggest single-session point gain (+474.13), and eighth-largest percentage increase on April 9 (+9.52%).While historic volatility tends to incite fear and uncertainty on Wall Street, it can also pave the way for phenomenal investment opportunities. Based on a rare correlative event that just occurred in the benchmark S&P 500, the time for investors to pounce may have arrived.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool