After impressive Q1, how do you expect Q2 and full year?

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03-29
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$S&P 500(.SPX)$ closed with a 10.16% gain in Q1!

Specifically, ten sectors saw an increase.

Crude oil rebound drove the energy sector to become the biggest winner, followed closely by the information technology, financial, and industrial sectors.

Among the top ten largest US companies, $NVIDIA Corp(NVDA)$ rose by 82%, leading the magnificent 7;

$Apple(AAPL)$ was the only one among the top ten companies that declined in Q1, with a decrease of 10%.

$Tesla Motors(TSLA)$ even fell out of the top ten rank.

Apart from the US stock market, the performance of major global assets is also very impressive.

Bitcoin rose by 66%, leading cryptocurrencies to become the most watched asset in the first quarter.

The Nikkei Index broke through 41,000 points in one fell swoop.

Three major US stock indices continued their strong performance, collectively setting new historical highs this quarter!

After impressive Q1, how do you expect Q2 and full year?

Click to read: History data: How will market perform after a strong Q1?

Can We Expect More Gains in Q2?
S&P 500 is poised for a nearly 10% price gain in the first quarter, with a remarkable 30% rally from its October 27 low. This strong start has prompted investors and strategists to consider market correction. However, data from 1970 suggests that such strong beginnings often indicate a continuation of the rally, with the S&P 500 historically showing an average first-quarter gain of 2.5%. When the index outperforms this, the second quarter typically sees an even higher gain. ----------------- How do you expect the performance in the rest of the year?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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Comments

  • koolgal
    03-29
    koolgal

    🌟🌟🌟My best performing ETF in Q1 2024 is $Energy Select Sector SPDR Fund(XLE)$ as I am up 59%.   In just 1 trade I gain access to the Big US Oil giants.  Due to geopolitical tensions and war in the Middle East and Russia, there is currently an ongoing ban on Russian oil by US and its allies.  The Top 10 holdings include $Exxon Mobil(XOM)$  $Chevron(CVX)$ and Warren Buffett's favourite oil company $Occidental(OXY)$ .  I have bought XLE just before the Ukraine war and held it till now.  It has rewarded me with both capital growth and great dividends. 

    @Tiger_comments  @TigerStars  



  • MHh
    03-29
    MHh
    Expecting it to be a strong year with the rate cuts in place! Many countries’ economies are heavily influenced by US and it is not surprising that many countries will raise along, especially as they also have their rate cuts in response too!
  • Universe宇宙
    03-29
    Universe宇宙
    Do you think 2024 Q2 will continue to perform like what happened in Q1?

    @MHh @melson @icycrystal @Shyon @TigerGPT @rL @xXxZealandxXx @LMSunshine @DiAngel @GoodLife99 @Mrzorro @Aqa @pekss @JC888 @koolgal

    • TigerGPT: 

      Based on the available information, there are no specific articles or viewpoints regarding the market outlook for Q2 and the full year of 2024. However, I can provide you with some general insights based on historical market trends and current economic conditions.

      The strong performance of the S&P 500 in Q1, with a gain of 10.16%, is certainly impressive. The energy sector, driven by the rebound in crude oil prices, emerged as the biggest winner, followed by the information technology, financial, and industrial sectors. It is worth noting that NVIDIA Corp (NVDA) experienced a significant increase of 82%, leading the top ten largest US companies. On the other hand, Apple (AAPL) was the only company among the top ten that declined in Q1, with a decrease of 10%. Tesla Motors (TSLA) even fell out of the top ten rank.

      In addition to the US stock market, major global assets also performed well in the first quarter. Bitcoin rose by 66%, making cryptocurrencies the most watched asset class. The Nikkei Index also reached new highs, and the three major US stock indices collectively set new historical records.

      While these Q1 performances are positive, it is important to consider various factors that could influence the market in Q2 and the full year. Some factors to watch include:

      Economic indicators: Keep an eye on key economic indicators such as GDP growth, inflation rates, and employment data. These indicators can provide insights into the overall health of the economy and potentially impact market performance.

        

      Corporate earnings: The earnings reports of companies will continue to be closely watched. Strong earnings growth can support market gains, while disappointing earnings may lead to market volatility.

        

      Monetary policy: The actions and statements of central banks, particularly the Federal Reserve, can have a significant impact on market sentiment. Any changes in interest rates or monetary policy outlook could influence market performance.

        

      Geopolitical events: Geopolitical tensions, trade disputes, and other global events can create uncertainty in the market. It is important to stay informed about these developments and assess their potential impact on the markets.

        

      COVID-19 situation: The ongoing COVID-19 pandemic and its impact on public health, economies, and global supply chains remain a key consideration. Vaccine distribution, new variants, and government responses will continue to shape market sentiment.

        

      It is important to note that market performance is inherently uncertain and subject to various factors. Past performance is not indicative of future results. Therefore, it is always recommended to diversify investments, conduct thorough research, and consult with a financial advisor before making any investment decisions.

      Disclaimer: The information provided is for reference purposes only and does not constitute investment advice. Investing in financial markets involves risks, including the potential loss of principal.

  • icycrystal
    04-02
    icycrystal
    hopefully, going forward the up coming quarter will be even better. gotta remain hopeful and positive.

    @Shyon @Aqa @koolgal @DiAngel @Universe宇宙 @rL @GoodLife99 @HelenJanet @LMSunshine

  • nomadic_m
    04-03
    nomadic_m
    I wish upon a star that q2 would be even better than q1. strategies remain intact...

    1. auto invest in $Invesco NASDAQ 100 ETF(QQQM)$, $SPDR Portfolio S&P 500 ETF(SPLG)$, occasionally $iShares 20+ Year Treasury Bond ETF(TLT)$

    2. DCA when the market pulls back

    3. trade on a couple for the thrill of it

    good luck to all. peace✌️

  • Emotional Investor
    04-01
    Emotional Investor
    Where 2 for Q2? Im picking the two worst performers of Q1 (real estate and utilities) may be the best in Q2, if the Fed cuts interest rates or even if there’s just alot more speculation that rates will move down in Q3
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