Seasonal Trends, Sentiment May Propel ETFs Into Year-End
November 03, 2011 at 11:55 AM EDT
Stock market seasonality and underinvested portfolio managers chasing a rally in stocks are two forces that could carry equity exchange traded funds into the end of the year. Since 1950, the S&P 500 has gained 1.5% in November on average and 1.7% in December on average, the two largest monthly...