The S&P 500 Just Completed a Feat So Rare It Was Last Witnessed During the Great Depression -- and It Has a 100% Success Rate of Forecasting Where Stocks Go Next

Over extended periods, no other asset class has come particularly close to matching the annualized return potential of stocks. But when the timeline is narrowed to days, months, or even the span of a few years, you'll find that stocks move from point A to point B in anything but a straight line.Following more than two years of unbridled optimism on Wall Street, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI), broad-based S&P 500 (SNPINDEX: ^GSPC), and growth stock-dominated Nasdaq Composite (NASDAQINDEX: ^IXIC) have hit a rough patch. Since the S&P 500 peaked on Feb. 19, the Dow Jones and S&P 500 have fallen into correction territory, with the typically more volatile Nasdaq Composite dipping into an official bear market (its first in three years).Moreover, investors have borne witness to historic bouts of volatility. In April, the S&P 500 navigated its way through its fifth-worst two-day decline on a percentage basis (-10.5%) in 75 years and enjoyed its largest single-session nominal point increase since its inception. The Dow and Nasdaq also recorded their largest single-day point gains in their storied histories.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool