Short the "MARKET" i would guess Another tough day DOW +50 S&P 500 will hit its all time high later this week
Something really out of the ordinary would have to put the market down, lately its always a slight minus drift then up 40 to 50 for the DJI.
Retail traders see we're at the top of the range, and are shorting like it's going out of style: :eek:
Historically, a strong first quarter correlates with strong gains for the year. There are bumps along the way, but most of the time, the Dow manages to post double-digit gains for the full year. In ten of the last twelve times it occurred, for example, the Dow finished the year with a gain of more than 15 percent when the first quarter was up more than 8 percent. percent. DJIA Returns When Q1 > 8% Q1 Q2 Q3 Q4 Full Year 2012 8.14% -2.51% 4.32% -2.48% 7.26% 1998 11.27% 1.73% -12.39% 17.07% 16.10% 1996 9.19% 1.21% 4.02% 9.62% 26.01% 1995 8.43% 9.58% 5.11% 6.85% 33.45% 1991 10.64% -0.24% 3.78% 5.00% 20.28% 1987 21.61% 4.94% 7.35% -25.32% 2.31% 1986 17.58% 4.07% -6.61% 7.22% 22.53% 1976 17.25% 0.33% -1.26% 1.46% 17.86% 1975 24.65% 14.43% -9.68% 7.37% 38.32% 1967 10.22% -0.66% 7.72% -2.33% 15.20% 1961 9.86% 1.08% 2.52% 4.27% 18.71% 1954 8.05% 9.89% 8.07% 12.19% 43.96% 2013 YEAR TO DATE 10.91% SO A strong year of2013 looks like a winner