By: Adam Turnquist, CMT, Chief Technical Strategist, LPL Financial & Barry Gilbert, PhD, CFA, Asset Allocation Strategist, LPL Financial
December is off to a rough start, and so far it’s not living up to its seasonal reputation of being one of the best months for equity market returns. Since 1950, the S&P 500 has historically produced average returns of just over 1.5% and has finished the month in positive territory 75% of the time. While the index is down as of Friday, December 9, seasonality trends point to a potential second-half recovery during the month.
Read the full commentary here: weekly-market-commentary-12.12.22