This Stock Market Indicator Is 14 for 14 Since 1985, and It Has a Very Clear Message for Where Stocks Are Headed
The past couple of years have been a much-needed reminder for investors that stock market movements can be unpredictable.
In 2021, the long-established Dow Jones Industrial Average (DJINDICES: ^DJI), benchmark S 500 (SNPINDEX: ^GSPC), and growth stock-driven Nasdaq Composite (NASDAQINDEX: ^IXIC) powered to multiple record-closing highs. Last year, all three indexes spilled into a bear market, with the Nasdaq Composite shedding a third of its value.
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Source Fool.com