From Urban Carmel: The S&P 500 Index is up 2% so far in August. The month ends next week. A close $2,816.00 would confirm the fifth monthly gain in a row. Since 1975 the last 19 such instances all closed higher 12 months later by median 10%.
At the time of this post the SPX is trading at $2,865.00, just 9 points away from new all-time highs.