Chart of the Day - Stock Market To Enter Strongest 6-Month Period

Chart & Commentary Courtesy of Chart of the Day

The stock market is now entering what has historically been the strongest 6 months of the year.

 Today's chart illustrates that investing in the S&P 500 from the last trading day in October (therefore referred to as the Halloween indicator) through the end of April accounted for the vast majority of S&P 500 gains since 1950.

While there are some noteworthy periods during which the Halloween indicator didn't produce (e.g. during the oil embargo of 1973-74, the dot-com bust of 2000-01, and the financial meltdown of 2007-09), the overall out performance is compelling.