March and April have been the S&P 500’s two best months over the past two decades, says Ryan Detrick, senior technical strategist at Schaeffer’s Investment Research.
There’s no guarantee that this historical trend will hold in 2014, but it does offer some solace for stock bulls. While the S&P 500 SP SPX +0.00% has run into resistance this week as it’s neared its Jan. 15 record close, perhaps that resistance will melt away as March begins.
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