23 of the past 25 times the S&P 500 was up more than 5% heading into May saw the rest of the year higher.
A good start to 2026 could be another clue the bull market is alive and well.
The S&P 500 is up 9.2% in April so far, which would be the 3rd best ever.
Did you know the top two Aprils ever (2009 and 2020) saw stocks gain 28% and 29% the rest of the year? No, we don't expect that, but we also think the odds of a strong rest of year is likely.
It is rare to see a 7-day win streak that also gains >7%.
In fact, up 10% three months later would say to see an acceleration higher here could be the play.
The past 30 years it only happened 3 other times and the worst stocks did 6 months later was nearly a 19% gain.
Shoutout to the PWHL's Boston Fleet and Fleet fans. Saturday night they hosted Montreal and sold out TD Garden. It was the second-largest crowd in history for a women's hockey game. Only 4 games remain until the PWHL Playoffs begin!
#PWHL#BostonFleet#GoFleet#FleetHockey
2026 YTD:
-International Stocks > US Stocks
-Small & Mid Caps > Large Caps
-Value Stocks > Growth Stocks
-Mag 7 names all in the Red
The Reversal of Everything...
"Markets take the stairs up and the elevator down."
This chart proves it beyond any doubt.
S&P 500. Every bull and bear market since 1949.
Bull markets:
→ Average 5.3 years
→ Average +254%
→ Longest: 12.3 years, +841%
Bear markets:
→ Average 1.0 years
→ Average −31%
→ Worst: 1.4 years, −55%
The asymmetry is breathtaking.
You spend years building wealth on the stairs.
Then the elevator arrives and takes a chunk back in months.
But here's what the chart really shows.
The blue always came back.
Every single time.
And always went higher than before.
The bear markets look terrifying in the moment.
On a 75-year chart, they look like speed bumps.
The stairs always win.
Time is the only ticket you need.