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SFY - The Market Has Been In A Downtrend Throughout 2019
SoFi Select 500
I made a lot of money in 2019, and so did my clients. I hope you did too. A 29% gain (or more) isn't as rare as you might think.
Since 1928 (92 years), there have been 20 instances where the market performed as well, or better, than it did in 2019. That works out to a 2019-sized gain about every 5 years.
But this article looks at an inconvenient feature of the great 2019 bull market, which is the trend, or the rate of acceleration if you like.