snip from marketbeat, but caveat in final paragraph:...wash (in which SPY is flat) years like 2011 are typically followed by big gains in the following year, Jason Goepfert of Sundial Capital Research writes.The median market move following a year in which the S&P gains or loses less than 3% is a 12.3% gain, according to his research, and the market is positive 78% of the time.The latest such episode was in 1994, when the market fell 1.5% for the year, followed by a hair-burning 34.1% gain the following year, according to Goepfert.We’ve attached the entire list, going back to 1929.One thing that jumps out immediately is that there have been only 10 such episodes since 1929, including this year, so the sample size is way, way too small to draw any conclusions.But, hey, it’s better than having all the data point in the opposite direction.
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