October 28th is historically the most bullish day of the year for the stock market. Data shows that since 1950, the S&P 500 has averaged a +0.51% return on this day. On October 28, 2024, the stock market opened strongly, with futures in the green. Small caps, represented by the Russell 2000 Index ($IWM), saw significant gains, rising 1.5% and quickly returning to Friday's highs. This positive trend is expected to continue into November, as small caps typically perform well after November 1st. Additionally, the best six-month period for the stock market starts this week, particularly benefiting small caps. Historically, the best trading period for US equities starts now, with data going back to 1928.