Late last week the S&P 500 Index moved back into positive territory for the year.  The index gained a bit more on Friday as well as today.  Significant?  Yes, according to Ryan Detrick’s research:   If the S&P 500 is positive year-to-date any day during the month of May, the entire year has been positive on a total return basis 35 out of the last 36 years.

Impressive numbers.

Hat tip Ryan Detrick/LPLResearch