The S&P 500 recently posted nine weeks of consecutive gains.
That’s about a 63-day winning streak.
Something the index hasn’t experienced since the 2004 bull market.
And it’s all thanks to investor sentiment around two critical factors:
- Possible interest rate cuts by the Federal Reserve.
- Resilient economic growth over the next twelve months.
Of course, not every analyst believes either of those two will happen.
Some — like the Apollo Academy and Lord Abbett — argue that three of the top seven stocks driving the S&P 500’s bull run are overbought and overvalued.
They have a point.
For example, how does Tesla trade at 69x its earnings?
But this isn’t about trading Tesla or other overvalued stocks.
It’s about the fact that the S&P 500 still has some juice left to squeeze.
And I’m not the only one seeing it.
Jeff deGraaf, the Chairman and Head of Research at Renaissance Macro Research, says the S&P 500’s recent run is a positive indicator that…
- Confirms momentum.
- And signals a continued trend.
This is good news if you missed last year’s big profit opportunities.
More institutional capital is flowing into market corners that do well during high-interest rates, but only some stocks are worth touching in this market.
I’m not talking about the top half of the Magnificent Seven stocks, either.
There are smaller, faster-growing companies that could outperform the bull market this year, and there’s a way to trade them without taking unnecessary risks.
Learn more here.
To Big Profits and Beyond,
Author: Anthony Speciale
Anthony Speciale Jr. Born and raised into a blue collar family in the suburbs of Northern New Jersey, I have in recent years put down the wrenches I’ve been turning for the better part of my entire life and have become a professional energy trader. My mother was a nurse practitioner and my father was an auto mechanic. I had literally watched both of my parents work endless hours with their hands throughout their entire lives and after loosing my mother at a young age to cancer, I had decided I wanted a different future than the path I was currently on. At a young age I was a struggling student who didn’t excel very well academically and college wasn’t really in the cards for me, but I was always a disciplined worker. When I had put my mind to something, there was nothing that was going to stop me from reaching and exceeding my goals I had set for myself. So, as life had evolved, so did my desire for freedom. It was never much about the money for me, but it was about the success and the freedom that accompanied that success. Over a decade ago, I decided to specialize in just one sector of the market. I knew that I only needed to be proficient at just one area of the market to achieve the goal I had set forth. Trade passively while producing massively. Well, that’s exactly what I did. After several years of failed attempts, endless education, trial and error - I had finally yielded myself the success and freedom I was desiring. After making myself over $1,000,000.00 trading this very method, it was time to share my success with those who also desire the freedom I did. After a lot of work, time, effort and sacrifice - Big Energy Profits went from merely a concept into a very real reality.