The First Five Days are the Hardest

The first week of the year better be good.  According to Dow Jones Market Data, since 1929, if the S&P is positive after the first five trading days of the New Year, there is a 75% chance that the market ends the year higher, with an average return of 11.9%.  If true and if it happens, I like those odds.  I also like the odds of the stock market generally going higher, witness the 11.8% average return from 1928 through 2021 according to Investopedia. After going through a tough year like the past one, it is important to hold on to the long term wealth building potential of Mr. Market.  Great companies are great whether we are in a bull or bear market.