More May data, from Ryan Detrick:   The S&P 500 Index closed this week at its highest level since March 16 yesterday and is now up 2% for the year. But, what’s the significance?  Well, since 1970, when the S&P 500 has closed higher year-to-date (on any day) during the month of May, the index’s total return for the full year has been positive in every instance except one.  That means 35 out of 36 previous years have lead to a higher full-year return. (The year 1990 being the only exception.)


Always great stuff.  Hat tip LPLResearch/Ryan Detrick