by winston » Tue Nov 19, 2024 8:30 am
“Short-term cautious, Medium-term bullish, Long-term mixed”
Short-term (daily/weekly basis), the market needs to cool off. It is due for either a consolidation or pullback in November – before a rebound rally in December.
Medium-term (monthly/yearly basis), the combination of falling interest rates, pro-growth policies, and strong earnings should propel stocks meaningfully higher in 2025 and maybe even into 2026/27.
Long-term (multi-year basis), this market boom will end in a bust.
We are working on our second consecutive >20% return year for the S&P 500. We think we could get another one in 2025.
That would be three consecutive >20% return years for the market. That only has one precedent – the late 1990s. And that ended with the Dot Com Crash.
Be aware of this risk.
Source: Investor Place
It's all about "how much you made when you were right" & "how little you lost when you were wrong"