The S & P 500 is ending February with a gain of almost 5%.
S & P 500: Four big months November: up 8.9% December: up 4.4% January: up 1.6% February: up 4.6% The November gain of 8.9% was one of the 20 best monthly performances in history.
The S & P has advanced about 5% since passing the old January 2022 historic high, which it crossed on Jan. 19, this year.
Put another way: the S & P has recovered all the bear market losses from the old high in January 2022 to the bear market bottom in October 2022, and added another 5%.
"Yet it also offers encouragement that no post-recovery selloff saw the start of a new bear market before rebounding and proceeding onto additional new highs."
Persons:
Steve Starker, Todd Sohn, Eli Lilly, Nicholas Colas, Sam Stovall
Organizations:
Nvidia, P, Technology, Services, Care, Broadcom, Communication Services, Meta, Health Care, Merck, Depot, Costco, JPMorgan, Mastercard, Berkshire Hathaway, Research
Locations:
BTIG