MARKET UPDATE JUNE 2024

The bull market keeps running.  Both the S&P 500 and the Nasdaq are now at new all-time highs.

Between November of last year and June 15th this year, the S&P 500 and the Nasdaq (top two lines) have moved sharply higher.  Both the S&P 500 and the Nasdaq are at all-time highs.  Notice how the Russell 2000 (bottom line) is still in a bear market – sitting about 17% below its previous high in November of 2021.  This is another reminder of why you do not want to be investing in small cap stock funds.

The market has been pleased with the most recent reports on inflation and interest rates and the economy keeps plugging along.  But inflation has not been tamed just yet and a recession could still be possible.  With the markets at such high valuations, any bad inflation/recession news will likely lead to a significant decline.

Our customers have posted huge gains since November of last year as we have been “all in” on stocks.  The S&P 500 has gained 28% since November 1st and the Nasdaq has gained 36%.  And our customers can be extremely confident knowing that our Market Signals system will move them to cash if the market declines significantly.    

When you have downside protection, you can be comfortable putting 100% of your money in stocks and getting the big gains in bull markets.  You can also sleep better at night. 

Without an investing system like Market Signals, investors are forced to shift money to lower performing and safer assets before the bull market is over or be willing to get crushed in a bear market decline.

Stay Disciplined My Friends.

Phil

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Disclaimers The Beyond Buy & Hold newsletter is published and provided for informational and entertainment purposes only. We are not advising, and will not advise you personally, concerning the nature, potential, value, or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. Beyond Buy & Hold recommends you consult a licensed or registered professional before making any investment decision.

Investing in the financial products discussed in the Newsletter involves risk. Trading in such securities can result in immediate and substantial losses of the capital invested. Past performance is not necessarily indicative of future results. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, and market dynamics.