Roberts Nash Advisory Group

S & P Rally Ends Abruptly

It’s now official. The longest S&P 500 rally since the 1960s without a 5% correction or more has ended at 399 days. The U.S. benchmark plunged 4.1% on February 5, the largest daily decline since August 2011. The S&P 500 is now down a cumulative 7.8% since its January 26th peak. Note that the pullbacks observed after the two previous longer rallies (1963-65 and 1994-1996) totalled 9.6% and 7.6%, respectively (from peak to through).  Full Report

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** I have prepared this commentary to give you my thoughts on various investment alternatives and considerations which may be relevant to your portfolio. This commentary reflects my opinions alone, and may not reflect the views of National Bank Financial Group. In expressing these opinions, I bring my best judgment and professional experience from the perspective of someone who surveys a broad range of investments. Therefore, this report should be viewed as a reflection of my informed opinions rather than analyses produced by the Research Department of National Bank Financial **

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