The Strongest Bullish Signal For S&P 500 12-Month Returns
January 20, 2021 at 08:20 AM EST
The TOY Barometer, by Wayne Whaley just gave its 37 bullish signal dating back to 1950. It holds a 94% positive percent rate for 12-month S&P 500 forward returns. The average return is 17%+ over that time period. Only twice did it fail, 1987, 2008.