Stock volatility last year could mean markets soar in 2017
January 09, 2017 at 16:22 PM EST
For only the third time in its history, the S&P 500 completed a “bullish outside year” in 2016, meaning that its low of the year was below 2015’s low, while 2016’s high exceeded the previous year’s top. According to LPL Financial, this is a technical signal that has augured for big gains in the subsequent year.