It’s been a strong start to 2019. In researching this month’s piece, I came across these stats that illustrate market strength.
Through Friday, February 24—
· The Dow Jones Industrial Average and the S&P 500 Index are off to their best starts in over 30 years, according to Dow Jones Market Data (MarketWatch).
· We’ve had 8-straight weekly gains for the Dow in 2019, which is the best start since 1964 when the granddaddy of market averages logged 11-weekly gains.
· The Russell 2000 Index^ has rung up its longest-ever weekly win streak to start a year – 8 in a row.
^The Russell 2000 Index is an unmanaged index of 2,000 smaller companies. The index cannot be invested into directly. Past performance does not guarantee future performance.