Bull market could continue based on historical data and bullish catalysts

From Nasdaq: 2024-06-17 18:33:00

Retail investors often follow the adage “buy low, sell high,” but historical data shows the market doesn’t always correct after a rally. Making decisions based on precedent is key. Historical data suggests that bear markets occur every four years, while the S&P 500 averages a 10% return over 50 years.

Bull market continuation is supported by five bullish catalysts: election year seasonality, muted sentiment, new 52-week highs, strong AI leadership, and potential lower interest rates. Historical data points to long exposure when stocks are above the 200-day moving average. The tech sector, led by AI, remains strong, suggesting potential outperformance.



Read more at Nasdaq: Will the Equity Bull Market Continue?