The S&P 500 Just Reached a Milestone for the 17th Time in 75 Years -- and It's Correctly Forecast What's Next for Stocks 100% of the Time

Though the stock market is an undeniable wealth-creating machine over long periods, it can occasionally turn into a roller-coaster ride for investors over shorter timelines.On Feb. 19, the benchmark S&P 500 (SNPINDEX: ^GSPC) peaked at a close of 6,144. Over the next two months, the broad-based index and ageless Dow Jones Industrial Average (DJINDICES: ^DJI) both fell into correction territory. Meanwhile, the growth-driven Nasdaq Composite (NASDAQINDEX: ^IXIC) plunged into a bear market, which is its first since 2022.But it's not just the peak-to-trough declines in Wall Street's major indexes that stands out -- it's also the velocity of single-session moves. In April, the Dow Jones, S&P 500, and Nasdaq Composite all recorded their largest single-day point gains in their respective histories on April 9. This followed the S&P 500's fifth-worst two-day percentage decline (-10.5%) in 75 years.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool