ready for the bull market https://t.co/QbCC9Eeuad
S&P 500 recently was up 27% in 100 trading days. Since 1950, I found 10 other times it was up 25%. A yr later it was higher 9 times (only '87 didn't work) and up 13.2% on avg. 3 and 6 mo later are also extremely strong. 🐂💪💰🔥🎯 https://t.co/KlVSvZuXpj
S&P 500 hasn't had a down 2% day since 1Q23...
Recent data on the S&P 500 index highlights a robust performance in the stock market, marking a significant period of gains. Historical analysis reveals that the average 6-month drawdown of the S&P 500 since 1928 is -6.14%. Notably, the first quarter of this year saw 40% of all trading days recording record closing highs for the S&P 500, the most since the first quarter of 2013. Furthermore, the current 6-month weekly drawdown, starting in October 2023, has been a mere -45bps. Additionally, the S&P 500 has not experienced a down 2% day since the first quarter of 2023. In a remarkable streak, the S&P 500 was up 27% in 100 trading days recently. Historical data since 1950 shows that on 10 other occasions when the index was up 25%, it was higher a year later 9 times, with an average increase of 13.2%. This data underscores the strength and resilience of the market, suggesting a bullish outlook among investors.
