by winston » Sun Oct 29, 2023 7:43 am
Near-term gains and a stronger market in 2024 are lining up
by Luke Lango
Stocks have had to battle their way out of the 2022 bear market and there are certainly winners and losers.
But near-term gains and a stronger market in 2024 are lining up:-
1. In the near-term, we are in a strong seasonal time of year. October through December are typically the best months for the market.
2. Interest rates and Treasury yields have likely peaked.
3. Earnings are coming in strong so far and are projected to exceed expectations.
4. Earnings estimates for 2024 support continued market strength.
Source: Investor Place
It's all about "how much you made when you were right" & "how little you lost when you were wrong"