Showing posts from January, 2019

2019 - Be a pig, but don't get slaughtered

It's cliche, but what a difference a year makes.  We started 2018 with a very bullish market for metals and mining stocks.  The euphoria, however, was short lived with the market starting to roll over in February with another leg down starting in July and a horrendous December.  In fact, the major US indices recorded their worst December since the Great Depression.  The Chinese Zodiac calendar had 2018 as the year of the Dog.  In hindsight, I'd say that was pretty apt.  RIP 2018!

Since we're on the topic of the Chinese Zodiac calendar, 2019 is the year of the Pig (starting Feb. 5).  I don't believe in zodiac signs or horoscopes but, interestingly, analyzing S&P 500 returns over the past 90 years indicates:

The average annual S&P 500 return from 1929 to 2018 was 11.2%The average S&P 500 return in Years of the Pig was 20.8%The average S&P 500 return in Years of the Dog was 10.9% Lo and behold, the year of the Pig has the best stock market returns of all 12…