The market signaled a rare and powerful signal

Over 60% of S&P 500 stocks set a new 20-day high in one day – and this has only happened 18 times since 1982!

By the SpyStocks desk · 1y ago · 2 min read

Yesterday the market signaled a rare and powerful signal

Over 60% of S&P 500 stocks set a new 20-day high in one day – and this has only happened 18 times since 1982!

What did this signal indicate in the past?

When such a high percentage of stocks in an index set a short-term high, it is a strong sign of market tailwinds.

This is not just another technical indicator – it is a pattern with a proven history of positive returns.

What do the previous 18 occurrences teach us?

Here are the full figures:

Average return after one month: 1.4%

Average return after 3 months: 5.1%

Average return after six months: 9.4%

Average return after one year: 18.6%

These are phenomenal historical figures

For comparison, the average annual return since 1950 is about 9%, which is double the historical annual average!

In addition:

In 100% of cases, the index was positive one year after the signal!

In over 83% of cases – positive return within 1, 3, and 6 months!

This is an optimistic indication that strengthens positive market sentiment.

When tailwinds come from so many stocks – it means the market isn't just climbing due to a few big names, but thanks to healthy and powerful market breadth!

If history indeed repeats – 2025 could be a good year for the stock market!

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