If you’ve been worried that this bull market is getting long in the tooth, I have some very good news. A rare and powerful signal just flashed that could triple your returns in the coming months. Ignore it at your own risk!
In a recent article, analyst Rob Spivey points out that while AI stocks like Nvidia and Microsoft have been grabbing all the headlines, the real story is the broadening of the bull market beyond just a handful of mega-cap tech darlings. Spivey writes:
Bearish investors will tell you the bull market still has one big problem. It’s too ‘narrow’ – meaning only a few stocks are propping up the market…So here’s where it gets tricky… As the bears point out, only a few of these mega-cap stocks need to fall to bring everything crashing down.
Rob Spivey
But according to Spivey, those fears are overblown. He explains:
Luckily, it looks like we’re entering the ‘broadening’ phase. And that should propel this bull market higher…The ratio [of the Equal Weight Index to the S&P 500] jumped 2% in a single day. That’s a rare move. The last time we saw a breadth thrust like this was in October 2020.
Rob Spivey
Folks, this is huge. Spivey ran the numbers and found that in the rare instances when we’ve seen a breadth thrust this powerful, it led to average gains of:
- 10% in 3 months
- 18% in 6 months, and…
- A whopping 32% over the next year!
That’s more than triple the typical annual return for the S&P 500. Even better, stocks were up 87% of the time after one of these signals. Talk about a slam dunk!
So what does this mean for you? It’s simple – ignore the fear-mongering and stay long. This bull has plenty of room to run.
In fact, I believe the broadening market is setting us up for a period of historic gains, the likes of which most investors only dream about. Miss out on this opportunity, and you’ll be kicking yourself for years to come.
So don’t get left behind. Click here to read Rob Spivey’s full article, then get ready to ride this bull to triple-digit profits!
Stay Long and Strong,
Sean Michael Cummings
Market Monitor
