Stovall sees 5.5% average Q4 gain favoring S&P 500’s Q3 winners
AI Summary- Sam Stovall advised investors to retain S&P 500 sectors that led the third quarter.
- 5.5% average Q4 gain occurred in midterm election years, rising 75% after positive Q3s.
- S&P 500 technology and communication services comprise about half its market value.