S&P 500 up 27.9% the past 12 mos, but also higher YoY each of the past 12 mos.
What happens after positive YoY 12 mos in a row?
Ultimate streak goes to nearly 30 mos on avg.
Returns 1, 3, 6, and 12 mo later are about avg.
Bottom line, long streaks like this aren't bearish.
pic.twitter.com/mglNqwnjRE