With the S&P 500 already up by 24 percent in 2013, it may seem greedy for investors to expect much more out of the year. But according to research compiled by Bespoke Investment Group, that success so far may indicate a continued bull market through November and December.
Since 1928, there have been 35 other years in which the S&P was up by at least 10 percent through the end of October. Those years have tended to extend those gains through the end of the year. In those years, November saw an average gain of 2.6 percent, and there's been a 5 percent average increase of the final two months.
Perhaps even more notable is how consistent the increases have been. Three quarters of those Novembers saw a rise in the S&P 500, and combining November and December, there was an increase 82 percent of the time.
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