We are now 2 years into the current Bull Market that began in October 2022.
The average duration of the last 11 Bull Markets has been ~5 years, with 8/11 (73%) making it to the end of the year 3.
$.SPX(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $E-mini S&P 500 - main 2412(ESmain)$ $E-mini Nasdaq 100 - main 2412(NQmain)$ $iShares Russell 2000 ETF(IWM)$ $.DJI(.DJI)$ $GLOBAL X DOW 30® COVERED CALL ETF(DJIA)$
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The last 2 years of market gains may seem massive, but they're actually right in line with the average SPX gains in the first 2 years of a New Bull Market.
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Take Profit as S&P Hits 5800 or Hold Till 6000?
As the stock market hits record highs more than 40 times this year, there are concerns that history might repeat itself and another financial crisis could occur.
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Will S&P 500 hit 6000 by year-end as institutions predict?
Would you take profit and stay cautious ahead or hold till the year-end?
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