The past decade has brought particularly strong months of July for the S & P 500 , according to Carson Group.
And the firm's chief market strategist expects a similarly good performance this year.
The S & P 500 is up more than 6% so far this quarter and more than 14% year to date.
A continuation of those trends could lead the S & P 500 to an all-time high in the second half of the year, Detrick said.
"The realization that the economy's on better footing could be the spark plug to keep the surprise summer rally going," Detrick said.
Persons:
Carson, July's, Ryan Detrick, There's, we've, there's, Detrick
Organizations:
Carson Group, Stock, Federal Reserve