The first quarter ends with another snapped streak for the S&P500.

Going into Q1, the S&P500 had delivered positive returns for 16 consecutive quarters or four straight years. The chart illustrates how rare the streak has been over the past half century.

Apr1_Q_Rtns

 

There have been only five other clusters of similar streaks.

The below table shows the post 3, 6, and 12-month returns after the 4-year streak was snapped.

Mixed results with no discernible pattern, however.

 

Apr1_Q_Table