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Almanac: Why April will bring sunshine to stocks

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Editor's Note: Jeffrey A. Hirsch is editor-in-chief of the Stock Trader's Almanac, which popularized the "sell in May" market strategy.

Since 2006, the Dow Jones industrial average in April has been up 10 years in a row with an average gain of 2.8 percent to reclaim its position as the best DJIA month since 1950. April is third best for the S&P 500 and fourth best for Nasdaq composite since 1971.

And April 1999 was the first month to see a 1,000-point Dow surge. So what's the outlook for this generally positive month?

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