Our friend and frequent Money Morningcontributor Frank Holmes put together a chart of S&P 500 gains that you have to see.
The index closed July with a monthly gain of 4.9%. This is the 14th month since 2009 that the S&P 500 has gained at least 4%.
Holmes, CEO of U.S. Global Investors, went back and reviewed the other 13 months with +4% gains.
He recorded the S&P's performance in the following one-month and three-month period after the month that it gained more than 4%.
His chart tells an interesting story...