With the S&P 500 up 25.88% for the year and Nasdaq 100 up 31.54%, investors have reason to give thanks this week.
From Tuesday’s market close to the end of day on Friday during Thanksgiving week, the S&P 500 made gains 84% of the time in the past 69 years. For 19 of those years, it was up more than 1%.
Stock valuations are pricing in a lot of good news for next year. Things look rosy and the market is pricing in a favorable trade deal with China.
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