The stock market's performance in the first five days of a given year has a tendency to predict the market's direction for the rest of the year.
When stocks finish the first five days higher, the S&P 500 has been positive more than 80% of the time at year-end with an average gain of about 13%, according to Stock Trader's Almanac.
In 2019, the S&P 500 rebounded from the worst December since the Great Depression, rising 2.7% in the first five trading days. The benchmark ended the year 28.9% higher, posting its best year since 2013.Brendan McDermid | Reuters The stock market's performance in the first five days of a given year can sometimes predict the market's direction for the rest of the year, according to the Stock Trader's Almanac, which studied the "first five days" phenomena going back to 1950. When stocks finish that period higher, thehas been positive 82% of the time at year-end with an average gain of 13.6%, according to Stock Trader's Almanac and CNBC calculations.
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