Nerad + Deppe Wealth Management's Steve Deppe found 12 other examples since 1950 when the S & P 500 ended October with a six-month trailing return above 10%.
The six-month trailing return on the S & P 500 is currently north of 15%.
On average, the S & P 500 gained 7.4% in November and December in all those other instances.
"In 2024, it's very easy to want to take the money and run," Deppe told CNBC Pro from his office in La Jolla, California.
.SPX YTD mountain The S & P 500, year to date Deppe currently expects the S & P 500 will finish 2024 above 6,000.
Persons:
Steve Deppe, Harry Truman, Deppe, We've, we've
Organizations:
Federal Reserve, CNBC Pro
Locations:
La Jolla , California