The stocks of home builders were rallying across the board on Thursday, after government data showed consumer prices falling for the first time in more than four years, boosting hopes the Federal Reserve may soon start to lower interest rates.
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It's official:
The S&P 500 just hit its 53rd all time high of 2024 and is currently up over 27% this year ALONE.
This puts the S&P 500 on track for 2 STRAIGHT years with 20%+ gains for the first time since 1998.
So, what does history suggest is coming next?
(a thread)
BREAKING: The S&P 500 officially posts its best monthly performance in 12 months.
The S&P 500 closed the month nearly 6% higher, adding more than the last 4 months COMBINED.
This marks the largest monthly gain since the 9% seen in November 2023, after the market began its… https://x.com/i/web/status/1862568261805572283
We are witnessing the greatest stock market rally of the century:
The S&P 500 is on track for 2 consecutive years of over 20% annual gains for the first time since 1998.
The index returned 26.1% last year and is up 27.0% year-to-date.
Since the beginning of 2023, the S&P 500… https://x.com/i/web/status/1862551255966421388
It's official:
The S&P 500 just hit its 53rd all time high of 2024 and is currently up over 27% this year ALONE.
This puts the S&P 500 on track for 2 STRAIGHT years with 20%+ gains for the first time since 1998.
So, what does history suggest is coming next?
(a thread)
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