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Fortune
Fortune
Michael del Castillo

Bank of America chart guru says today marks beginning of the S&P 500’s ‘strongest’ average 10-day period of the year…over 96 years

Two people walk past the Bank of America logo (Credit: Eduardo Munoz Alvarez—VIEWpress/Getty Images)

The first week of July since 1928 has secretly marked the most successful two-week period for investors in the S&P 500 index (SPX), tracking the movement of the largest companies listed on American stock exchanges, according to research published today by Bank of America’s chief equity strategist, Stephen Suttmeier.

The S&P 500 is up 0.17% today, and 22.76% year over year, reaching an all-time high of 5,487 on June 18.

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