New Day Same Bull: after 20% rise we can finally admit it’s “Bull Market”
The market has, in hindsight been in bull mode since October.
Stock traders almanac: October is historically a “bear market killer”
Lots of historical catalysts are arriving soon: midterm elections, the 4th quarter “Santa Rally”, the 3rd year of a presidency, and a potential end to interest rate hikes.
“This isn’t a rerun of the 1970’s” - Siegel
“Today’s valuations look quite attractive,” he says.
This second half stock market indicator is 5/5 since the Great Depression
The average returns after the S&P starts the year down 15% or more: