We've Said It for Months... And Now, It's Official

I'm sure a lot of folks thought we were crazy at first... Chaikin Analytics founder Marc Chaikin first declared that we were "now in the early days of an incredibly bullish setup" in late January. And we've maintained that view ever since then. [Chaikin PowerFeed]( We've Said It for Months... And Now, It's Official By Briton Hill, analyst, Chaikin Analytics I'm sure a lot of folks thought we were crazy at first... Chaikin Analytics founder Marc Chaikin first declared that we were "now in the early days of an incredibly bullish setup" [in late January](. And we've maintained that view ever since then. But it wasn't a popular call to make at the time... Stocks were coming off their worst year since the 2008 financial crisis. The S&P 500 Index fell around 19% in 2022. And the tech-heavy Nasdaq Composite Index plunged about 33%. And of course, higher interest rates and elevated inflation led to plenty of uncertainty. But as of last Thursday... we're officially in a new bull market. The S&P 500 closed at roughly 4,294 that day. That's 20% higher than its October 2022 low of around 3,577. (An "official" bull market is a 20% gain from the market's latest low.) That's a great sign for us as investors. As we'll discuss today, we don't believe the rally is close to ending. And importantly, it nearly always pays off to be a "bull" over a "bear" – especially over the long term... Recommended Links: [This Disease Is Spreading Across the Nation]( This disease currently impacts 125 million Americans. But a breakthrough from ONE drug company could soon have the power to change everything... and treat an additional 3 billion other people globally. A top medical financial analyst now predicts massive gains for those who act now, BEFORE a major announcement from the FDA comes as soon as June 26. [Click here before this hits major headlines](. [73-year-old market signal (95% accuracy) just flashed]( This signal has flashed just 24 times in the last 73 years. And it's signaled the exact moment to move your money with 95% accuracy. Now, it's flashing again. [Discover where here](. Let's start with a chart of the S&P 500. As you can see, the index's latest uptrend started last October... [Chaikin PowerFeed] Now, I need to make one thing clear... Just because we're in a bull market doesn't mean things haven't been volatile. Since October, several violent pullbacks have scared a lot of investors out of the action. You can see what I mean on the chart above. Notice the drops last December and from February into March. The S&P 500 fell more than 7% both times before recovering. At the end of the day, bull markets last significantly longer than bear markets. And you can make a lot of money if you play them correctly... According to the Associated Press, the average bull market since 1932 is about five years. And during those bull markets, the S&P 500 has gained an average of about 178%. Meanwhile, the average bear market since 1929 is slightly less than 20 months. Things are looking up for the economy in general, too... Goldman Sachs recently changed its stance in a positive way. The investment bank cut its likelihood of a recession in the U.S. this year from 35% down to only 25%. Time is working against the market bears right now... We officially entered a bull market last Thursday. Based on history, we can expect it to last several years. And we could see triple-digit gains as everything plays out. Now, I suspect that the market will remain volatile in the days ahead. And the mainstream media will likely use that volatility to create scary headlines. But don't let that paralyze you... Even if we enter another bear market cycle, history says it will likely last a fraction of the next bull market. So stay positive, keep investing, and you'll do well over the long term. Good investing, Briton Hill Market View Major Indexes and Notable Sectors # Hld: Bullish Neutral Bearish Dow 30 +0.56% 10 19 1 S&P 500 +0.91% 156 251 92 Nasdaq +1.69% 60 31 9 Small Caps +0.45% 558 892 425 Bonds +0.29% Information Technology +2.17% 47 17 0 — According to the Chaikin Power Bar, Small Cap stocks and Large Cap stocks remain somewhat Bullish. Major indexes are mixed. * * * * Sector Tracker Sector movement over the last 5 days Discretionary +4.13% Industrials +2.88% Information Technology +2.22% Financial +1.55% Energy +1.49% Utilities +1.28% Real Estate +1.26% Materials +1.08% Communication +1.01% Health Care +0.08% Staples -0.34% * * * * Industry Focus Semiconductor Services 28 8 2 Over the past 6 months, the Semiconductor subsector (XSD) has outperformed the S&P 500 by +8.22%. Its Power Bar ratio, which measures future potential, is Very Strong, with more Bullish than Bearish stocks. It is currently ranked #5 of 21 subsectors. Top Stocks [rating] DIOD Diodes Incorporated [rating] QCOM QUALCOMM Incorporate [rating] ON ON Semiconductor Cor * * * * Top Movers Gainers [rating] CCL +12.45% [rating] CTLT +10.23% [rating] NCLH +7.22% [rating] AVGO +6.31% [rating] ORCL +5.99% Losers [rating] NDAQ -11.81% [rating] KEY -4.31% [rating] TROW -3.33% [rating] CFG -3.28% [rating] CME -2.97% * * * * Earnings Report Reporting Today Rating Before Open After Close No earnings reporting today. Earnings Surprises [rating] ORCL Oracle Corporation Q4 $1.67 Beat by $0.09 [rating] CTLT Catalent, Inc. Q3 $-0.09 Beat by $0.05 * * * * You have received this e-mail as part of your subscription to PowerFeed. If you no longer want to receive e-mails from PowerFeed, [click here](. You’re receiving this e-mail at {EMAIL}. For questions about your account or to speak with customer service, call [+1 (877) 697-6783 (U.S.)](tel:18776976783), 9 a.m. - 5 p.m. Eastern time or e-mail info@chaikinanalytics.com. 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