SPX - High expected returns and low risk make "Buy and Hold" a favorable strategy-To The Moon - Tiger Brokers Online Investing Community

SPX - High expected returns and low risk make "Buy and Hold" a favorable strategy

$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2409(ESmain)$

Current Market Situation:

S&P 500 Closing Price: 5,634.6 (+1.15%)

Trend Zone: Bullish

Investment Position: Buy and Hold

Cumulative Return: 3.7% over 8 days

Long-term Strategy:

The market is in a Bullish zone, characterized by an Uptrend with strong upward movements and a Correction Trend with temporary downward fluctuations.

High expected returns and low risk make "Buy and Hold" a favorable strategy.

No anticipated changes suggest maintaining the current investment position.

Short-term Strategy:

Market is currently in a correction trend within a Bullish zone, with potential strong upward movements.

Aggressive buying at appropriate points is recommended, with gradual selling.

Expect a balanced trend over the next 10 days, but with higher upward intensity.

Recommended Buy Date: Aug 26 at 5,594.7.

Predictions:

Next 10 Days: Price range expected between 5,609.1 and 5,854.0 (+1.7% median).

Trend Intensity: Upward movements are likely to have higher intensity (up to 81%), while downward movements are moderate (-33%).

Volatility & Turning Points:

Predictions may be volatile due to sudden buy-sell intensity changes.

Potential trend reversal in 3, 7, or 9 days.

https://www.pretiming.com/2024/08/s-high-expected-returns-and-low-risk.html

September Curse Broken? What's Your Account P/L?

It looks like the curse of September's market drop is going to be broken this year. Historical data shows that since 2013, the S&P 500 has averaged a 4.78% decline in September, which is typically the worst-performing and most volatile month for U.S. stocks. However, this year, with a gain of over 20% and recent strong performance, the S&P 500 has already hit its 40th new closing high of the year this week! -------------------- Has your account also broken the September curse?

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