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The S&P 500 Is Now a Gambler's Paradise With 76.9% Up Days in May So Far

But how long will these fantastical odds last?
Friday, May 17, 2013, 12:12 PM

Everyone knows the odds of winning in a casino are worse than 50% (often much worse depending on the game played). So who wouldn't rush to a casino, where instead, the odds were overwhelmingly in the gambler's favor?

That's the promise of today's stock market, which has been experiencing an aberrantly high percentage of up days all year. Toss your money into the market, and on any given day, you're much likelier to make money than not. » Read more