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For stocks, it looks like 1995 all over again: Technical analyst

History may be pointing to substantial gains ahead for the market, according to technical analyst Chris Verrone of Strategas Research Partners.

Specifically, Verrone says that 1995, a great year for the bulls, presents a salient example of what may be to come for stocks.

Back in 1995, the S&P 500 broke out of a yearlong period of consolidation to rise substantially; the market then entered another low-volatility period "before the trend ultimately resumed higher," Verrone wrote in a recent note to clients.

By the time...