If the Dow Closes above 12,982 this Week, Data Back to 1896 Says There’s a 91% Chance it Will Be Higher in a Year by 15% (Median Gain, 63 Examples)

Pretty incredible analysis and statistically in-line with what I’ve noted recently – when the market’s price momentum, as gauged by its one year RoC / YoY is surging as much as it currently is (+22% this week) it typically means you’re in…