Key Points The S&P 500 recently dropped below its 50-day moving average, a technical indicator that has (surprisingly) been a bullish signal more often than not over the last decade. In the past 10 years, the S&P 500 has dropped below its 50-day moving average 74 times, and the index returned a median of 15% during the next 12 months. In this case, the S&P 500’s performance may not fit the historical pattern because of concerns about the economy and elevated valuations. 10 stocks we like better than ...