S&P 500's recent correction was normal and potentially a buying opportunity.And, while April may have ended S&P 500's 5-month winning streak, it could actually be a good thing for bulls.started a correction after reaching record highs in April. This is a common occurrence - the average annual correction since the 1980s is -14.2%. Even with last year's correction of -10.3%, the S&P 500 still managed an impressive 24% annual gain.
However, this historical pattern seems less relevant in recent times. Over the past 12 years, the S&P 500 has delivered positive returns in 10 of those May-October periods. Recent performance indicates that May itself isn't necessarily a bad month for stocks, with the S&P 500 averaging a positive return of 0.14% over the past 50 years and 0.06% over the past 100 years.
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