The S&P 500 gained 2.97% in February, ending the month at 2,784.49. Recent GDP forecasts, factoring in slowing economic data, show Q1 2019 GDP may decrease to around 1%. This macroeconomic environment creates difficult conditions for the S&P 500 to rise above the September 2018 record high of 2,940.91. I'll explain why I've titled this update "138 Months" in this month's summary. Let's review price, sentiment and valuation as we begin March 2019.
Sunday, March 3, 2019
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