.
Market Commentary  31478
May, 2019 Data:

Part 1
FORECASTS

12 MONTH FORECAST
The 12 month forecast for the S&P 100 Index is in the table at the top of this
page. Forecast-Chart.com is forecasting a Standard & Poor's 100 Stock Index
of 1196. The table shows a HDTFA of 153 which suggests that the June, 2020
S&P 100 Index could easily close anywhere between 1349 and 1043. Links to
Forecasts for twenty-two other stock indexes may be found by clicking Stock
Market Forecast at the top of any page.

BULL MARKET or BEAR MARKET?
An updated primary trend forecast for the U.S. Stock Market is provided to
subscribers only. A time delayed primary trend forecast is provided to non
subscribers. Artificial Intelligence is used to forecast major turning points in the
broad U.S. Stock Market. The forecast is either a Bull Market Signal (up) or a
Bear Market Signal (down). This mathematical system performed very well in a
one hundred year backtest and also in real time since going live in 2005. To get
the forecast signal for the broad U.S Stock Market, click Stock Market Forecast
at the top of any page. Then select the Bull Market & Bear Market Forecast.

10 YEAR FORECAST
Forecast-Chart.com publishes a 10 Year Forecast for the following stock
market indexes: Dow Jones Industrial Average,  FTSE 100 (United Kingdom),
Hang Seng (Hong Kong), S&P 500, S&P SmallCap 600, S&P MidCap 400,
NASDAQ 100, TSX Composite (Canada), Russell 3000, Russell 2000, Russell
1000 and the Wilshire 5000. For example, the probability that the S&P 500
equity index will be down at least 20% in 10 years is estimated (May, 2029 close
compared to May, 2019 close). Over 100 YEARS of historical data was used to
calculate the probabilities. The indexes with the highest probability of gaining
over 200% in the next 10 years are the Hang Seng and the S&P TSX Index. The
indexes with the lowest probability of gaining over 200% in the next 10 years
are the S&P SmallCap 600, S&P MidCap 400,  Russell 2000, NASDAQ 100 and
the Dow Industrial Average. To see these forecasts, click the Stock Market
Forecast link at the top of any page, then select the index you are interested in.





Part 2
MARKET HIGHLIGHTS

All Time High                          1298 (April, 2019)
May, 2019 close                    1234
Decline From All Time High     5%
10 Year Return                       189%
5 Year Low                             848 (September, 2015)
Gain From 5 Year Low            45%

The highest all time monthly close in the Standard & Poor's 100 Stock Index
was 1298 in April, of 2019. The May, 2019 close was 1234. That's a decline of
64 points or 5% below the S&P 100 Index all time high.  The S&P 100 Index is
up 189% over the last 10 years. It has gained 4% over the last 12 months.

The May close was 64.02 points lower than the April, 2019 close of 1298,
resulting in a 4.93% decline for May.

The 5 year market low for the Standard & Poor's 100 Stock Index was 848 in
September of 2015. The May, 2019 close at 1233.67 represents a 45% gain
since September, 2015.

Forecast-Chart.com's historical research covers the S&P 100 Index back to
September, 1982. All calculations are based on the monthly market close in the
Standard & Poor's 100 Stock Index, excluding dividends.

This page provides a five year chart and a forecast for the S&P 100 Index. For
links to longer term charts, look at the links under the five year chart (above).
One link opens a ten year chart. Another opens our longest term graph on the
S&P 100 Index. Just one glance at our long term charts can provide
tremendous insight into the historical trends of the financial markets. The table
above presents historical data on the Standard & Poor's 100 Stock Index
categorized by the months of the calendar.





























Part 3
ROLLING RETURNS, 1982 - 2019: S&P 100 Index

Rolling Period          Last / Percentile          Best / Average / Worst
 1 Year                     4% / 29th                    51% / 9% / -43%
 2 Year                     16% / 43rd                  79% / 20% / -46%
 4 Year                     33% / 37th                  193% / 44% / -39%
 8 Year                     107% / 55th               332% / 97% / -46%
 16 Year                   155% / 45th               942% / 259% / 12%

How do you read the table?
For example: Rolling 2 year period returns are shown on the second row. In the
latest rolling 2 year period, (6/2017 - 5/2019), the S&P 100 Index returned 16%.
That period scored in the 43rd percentile, meaning that it scored better than
43% of all rolling 2 year periods since 1982. The Best rolling 2 Year period
since 1982 returned 79%. The worst returned -46%. The average rolling 2 year
period returned 20%.

What is a rolling period?
It's an overlapping period in a data base. For example: In the 2 year period
included in 2000 - 2001, there are 13 complete rolling 12 Month Periods. The
first is January, 2000 - December, 2000. The second is February, 2000 -
January, 2001. The third is March, 2000 - February, 2001 and so on. The last
complete rolling 12 Month Period in the 2000 - 2001 period is January, 2001 -
December, 2001.

How is this information useful?
Best and worst case scenarios may be estimated based on historical facts.
Also, the relationship of the periods is sometimes very helpful. Suppose that the
worst rolling 8 year period in the last 50 years returned -30%. Suppose also
that the latest 4 year period has returned -50%. Market psychology at this point
may be one of great fear or possibly even panic. If the market stays flat for 4
more years, it will break the 8 year decline record by a whopping 20%! (-50%
minus -30% equals -20%.)  50 plus year records are not often broken. That
provides reason to hope that the market will recover that 20% over the next 4
years. If it does, then the 8 year loss will be 30%. The longest index histories
are found in the DJIA, FTSE 100 with FT 30, DJTA, DJUA, S&P 500, & NASDAQ
100

The number of periods in each category for the S&P 100 Index are as follows:
1 Year: 430
2 Year: 418
4 Year: 394
8 Year: 346
16 Year: 250

Dividends are not included.











Updated Tuesday, June 25, 2019.
SignalTrend  Inc. 2008 - 2019; All rights reserved.



_____________________________________________________________
Report a Problem with this Page    Contact Us     Privacy Policy    Terms of Use/Disclosure
1000
1200
Monthly close for the S&P 100 Stock Index is plotted in gray. The forecast for the target month is
shown in green. See other links related to this stock index below.
Standard & Poor's 100 Stock Index - 5 Year History
S&P 100 Index
1400
800
400
600
S&P 100 Index: Historical Monthly Change
Month
Percent
Month
Percent
Month
Percent
Month
Percent
Jan
Feb
Mar
0.68
-0.77
1.41
April
May
June
2.11
0.24
-0.13
July
Aug
Sept
0.77
-1.30
-0.19
Oct
Nov
Dec
2.27
1.46
0.95
Over the last 20 years, certain months have typically performed better than others. The
average monthly return for each calender month over the last 20 years is shown above.
Dividends are not included.
Stock Market Forecast: S&P 100 Stock Index
1/14
1/2015
1/2016
1/2017
1/2018
1/2019
1/2020
1/21
S&P 100 Stock Market Index Forecast
   
Target Month:
Forecast:
HDTFA:
June, 2020
1196
153
 
Forecast for the monthly close of Standard & Poor's 100 Stock Index for the
target month indicated.    See commentary and 10 year forecast below.