Thursday, December 31, 2015

Market outlook : S&P 500 (31 Dec 2015)

The S&P ended 2015 down slightly from the close in 2014. Some key points:

  • Over the past four years, the S&P has climbed 62% which averages over 15% per year
  • The S&P is 4.5% from its all time high of 2134. 
  • The market has been hostage to falling oil prices and a change in the Fed rate policy and has actually held up quite well. Should oil begin to stabilize, and possibly even climb, that could help bolster the beleaguered energy sector and help to light a fire under stocks.

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