Stocks Love April!
“History doesn’t repeat itself, but it often rhymes.” Mark Twain
What more can we say other than few months have been kinder to stocks lately than the month of April. In fact, it was last year that saw the S&P 500 Index gain an incredible 12.7%, for one of the greatest one-month gains in history. We noted at the time that 10% or greater months tended to usually kick off strength, not mark the end of it like many were claiming last year. Once again, history looks to have rhymed. Read more.