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What.A.Rally.
Howard Lindzon
June 04, 2020
How good has this rally been?
The Nasdaq 100 is back at all-time highs:
Ryan Detrick has the numbers:
50 trading days after the bear market ended and the S&P 500 is now up 39.6%, for the best 50-day rally ever.
Looking at the other largest 50-day rallies, they tend to take place at the start of new bull markets and the future returns 6- and 12-months later are quite strong.
If Ryan is right…you should embrace your FOMO and buy stocks today.
Team Stocktwits joked on Twitter:
I joked on Twitter:
Don’t beat yourself up. Dave is beating himself up for you!
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