Dow's Best First Quarter Since 1998? Here's What Could Happen Next
The Dow is up 10 percent so far this quarter, on track for its best Q1 since 1998. What's previously happened after a strong first quarter?
Since 1950, there have been only twelve other instances when the DJIA was up more than 8 percent in the first quarter (11 of the last 12 times took place prior to the year 2000).
Historically, a strong first quarter correlates with strong gains for the year. There are bumps along the way, but most of the time, the Dow manages to post double-digit gains for the full year.
In ten of the last twelve times it occurred, for example, the Dow finished the year with a gain of more than 15 percent when the first quarter was up more than 8 percent.