Stock Market's Strong Start in 2010 A Bullish Omen for the Remainder of The Year

According to Schaeffer’s Investment Research, a gain of +1% or more on the first trading day of the year has been a good sign for the rest of the year.

Since 1973, when the S&P 500 has gained more than +1% in the first session, the market has ended the year higher 86% of the time – with the average gain on the year coming in at +14.7%.