The U.S. stock market has been on a roll the past six months, and it can keep on rolling if the past is any indicator. The S&P 500 rose for six months between April to September, something that has only happened six times since 1928. And each of those times, the stock market has gone on to notch strong gains for the remainder of the year, according to Bespoke Investment Group.
In the previous years that this has happened, the S&P 500 has risen four out of five times in October. The average gain in those October has been 2.38 percent, compared with 0.61 percent for all Octobers.
A solid April-to-September performance also has been a positive signpost for market performance in the fourth quarter. In the previous years when that has happened, stocks have notched an average rise of 9.2 percent in the final three months of the year.