The S&P 500 is now up 8.3% YTD, best 1H since 2003, augurs well for strong remainder of year. . .

The S&P 500 gained 8.31% in the first 6 months.  This is the best since the market rose 9.8% in 1H 2003.  The market has gained 8.3% or better in only 27 years since 1926.  The market has gone on to rise an average of 11.2% in 2H in 78% of the years with such strong first half performance. The following chart from Stock Charts displays the similarity of the market action this year to the bottoms made in 2011 and 2010.  Jeb Terry, Sr. June 30, 2012

Aberdeen Investment Management – a guide service for micro-cap technology investment

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