Chief Market Strategist at @CarsonGroupLLC
๐ for the perfect BBQ
Host to the Facts vs Feelings podcast
CNBC Contributor
Portfolio Manager to +$8B in AUM
11 years ago today my wife was diagnosed with breast cancer. She was 32.
My daughter was 10 months old and we were told she would never get pregnant again.
Well, she is doing great and these two would suggest to always have faith.
I haven't mentioned this on here yet, but my brother was diagnosed with stage 4 cancer back in May.
We've brought in hospice and he isn't doing well. I'm sitting next to him at the hospital right now and just wanted to ask for some ๐ for him.
Cancer sucks.
Wow, this might upset a lot of ๐ปs, but here goes.
When the S&P 500 is higher in both January and February did you know the next 12 months have been higher 27 out of 28 times since 1950?!
Average return of 14.8%.
The Fed has cut rates with stocks near all-time highs 20 times.
The S&P 500 was higher a year later 20 times.
S&P 500 at all-time highs now and the Fed is cutting tomorrow.
This is a bear market rally they say.
The S&P 500 up 13.8% in 2 mos.
That type of move isn't what you see in a bear market. It is what you see at the start of a bull market.
Past 13 times (since '50) it gained >13% over 2 mos it was higher a yr later 12 times and up 20.7% avg.
Breaking Bad as the #1 show ever is right. The Wire at #6 feels off.
And how isn't 24 on here? When Jack Bauer was saving the world there was nothing better.
What do you think?
History was made this week.
For only the 5th time ever, the S&P 500 gained at least 1% for 4 consecutive days.
This rare occurrence is also quite bullish, as a year later it has been up more than 20% every single time with an average gain of 28.0%.
My Mom passed away yesterday, after a 7-yr battle w stage 4 breast cancer.
I held her hand on her final breath.
She meant the world to us and we miss her dearly.
She taught us to love each day to the fullest and don't forget to have some fun along the way.
Love you, Mom!
The S&P 500 just closed above the 20-day MA for 60 days in a row, the longest streak since '98.
Going back 50 yrs, this has happened 4 other times. Up a yr later between 20% and 26%.
Never lower 3 months later.
It is what it is, yet another clue this bull market has legs.