For investors, the question is whether Thursday’s rotation marks the start of a broadening out of a rally that’s taken the S&P 500 and Nasdaq Composite to a series of records in 2024.
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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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