The S&P 500 is on track to finish February in the black, and if it does history suggests it should be positive for the year.
With one trading session remaining, the S&P 500 is now up 1.2 percent so far this month and was edging higher in morning trading.
In a recent research note, Sam Stovall of S&P Capital IQ reports that there have been 26 times since 1945 that the S&P 500 scored gains in both January and February.
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In all 26 instances, Stovall says the "500" recorded a positive calendar year total return, averaging an advance—including dividends—of 24 percent and posting full-year results that were in the single digits just twice: 1987 and 2011.