According to History (which is a Terrible Indicator) the Market Should go Up 18.5% by Year End

As always the past does not predict the future. However if it did we are going to be sitting on a pile of cash by year end.

What happens when the first five days of January finish higher and the month of January finishes higher during the first year of a presidential cycle? Good things!

During nine instances in which both the first five days of January and the month as a whole finished higher during the first year of a presidential cycle, stocks have closed the year in positive territory 8 times.

The average annual return? 18.5%.

I'll take half of that and be very happy for the year.