New All-Time Highs Are on the Way

The new bull market is here... The trend has been up for most of the year. And as time has gone on, we've seen more and more reasons to expect prices to keep rising. [Chaikin PowerFeed]( Editor's note: Here at Chaikin Analytics, we love data... It's the lifeblood of the Power Gauge. Our system crunches data on thousands of stocks every day. It uses 20 different factors. And in the end, it's how we help everyday investors like you get an edge in the markets. We share a lot of our findings here in the Chaikin PowerFeed every day. And we love to pass along valuable, data-driven insights from other experts when it makes sense... To that point, we're turning things over to Brett Eversole for the second time this month. You'll recall that Brett is the editor of True Wealth at our corporate affiliate Stansberry Research. On June 12, he talked about [the huge potential upside in stocks](. In today's essay, Brett will dive deeper into what the data tells us about the new bull market. Specifically, as you'll see, history shows that things will soon get even better... New All-Time Highs Are on the Way By Brett Eversole, editor, Stansberry Research The new bull market is here... The trend has been up for most of the year. And as time has gone on, we've seen more and more reasons to expect prices to keep rising. A few weeks ago, the S&P 500 Index officially climbed [more than 20% above last year's low](. That's the typical threshold for a new bull market. And history shows it's worth paying attention to this change today. That's because stocks almost always rally after a move like this happens. As I'll show you today, the typical gain a year later is an impressive 16%. And if this pattern plays out again, stocks will hit new highs within a year. Let me explain... Recommended Links: [MUST SEE BY TOMORROW: "3,050% Currency Trade" begins July 1]( In July, we'll see the release of a new money platform that will be adopted by the U.S. Treasury, Social Security, and more, opening the ground floor of an investment we may never see again in our lifetimes. [Click here by tomorrow for the full details]( (including a free recommendation). [Man who called 2020 Crash warns of huge event in 2023]( A new form of technology will cause a massive shift in the wealth divide in 2023. Do you own the stocks that will be most affected? [Details here](. It might seem arbitrary to call a 20% rise from a market bottom a new bull market. But finding the moment when a bear market changes into a bull market isn't a perfect science. That's why this is the popular measure. Most folks think the same way about the opposite transition, too. We call a 20% drop a bear market – even if stocks have already suffered most of the damage by then. The important point is, a 20% rise from the bottom means the trend is in our favor. And sticking with the trend is crucial to successful investing. Right now, as I said earlier, the trend is up. Take a look... [Chaikin PowerFeed] The S&P 500 only needs to rise another 10% to hit a new all-time high. And we have good reason to expect it to do so over the next year. That's because stocks tend to keep soaring after officially entering a new bull market. To see it, I looked at each time this happened going back to 1950. Specifically, I focused on times when stocks dropped more than 20% and then rose 20% from the prior low. These moves don't happen often – mostly because bear markets are rare. We've only had 13 other instances in the past 70-plus years. But when they show up, big gains follow. Take a look... [Chaikin PowerFeed] It's hard to beat the boring old stock market for growing your wealth long term. The S&P 500 has returned 7.8% annually since 1950. But you can do much better if you buy in at moments like we're in today... Similar extremes have led to 9.1% gains in six months. And they've led to impressive 16.4% gains over the following year. If we see these kinds of gains over the next year, stocks will be at new all-time highs. That's a feat almost no one would've thought possible at the start of 2023. Plus, digging deeper, in 11 of the 13 cases, the bear market low had already happened. The only times it hadn't were the 2000-2002 bear market and the financial crisis. And regardless, stocks were higher 92% of the time a year later. That means stocks are very unlikely to backslide to new lows. The rally has confirmed that the trend is with us. It can't get simpler than this, folks... The bull market is here. New all-time highs are on the way. You want to own stocks today. Good investing Brett Eversole Market View Major Indexes and Notable Sectors # Hld: Bullish Neutral Bearish Dow 30 -0.18% 12 16 2 S&P 500 +0.05% 177 233 89 Nasdaq +0.20% 61 32 7 Small Caps +0.51% 527 899 442 Bonds +0.43% Energy +1.01% 0 13 10 — According to the Chaikin Power Bar, Large Cap stocks and Small Cap stocks are Bullish.. Major indexes are mixed. * * * * Sector Tracker Sector movement over the last 5 days Communication +1.70% Discretionary +1.34% Real Estate +1.06% Information Technology +1.02% Energy +0.95% Materials +0.75% Industrials +0.53% Staples -0.33% Health Care -0.77% Financial -0.88% Utilities -2.69% * * * * Industry Focus Homebuilders Services 27 7 0 Over the past 6 months, the Homebuilders subsector (XHB) has outperformed the S&P 500 by +16.78%. Its Power Bar ratio, which measures future potential, is Very Strong, with more Bullish than Bearish stocks. It is currently ranked #2 of 21 subsectors and has moved up 1 slot over the past week. Top Stocks [rating] MHO M/I Homes, Inc. [rating] BLDR Builders FirstSource [rating] TMHC Taylor Morrison Home * * * * Top Movers Gainers [rating] CCL +8.81% [rating] NCLH +7.56% [rating] WY +4.27% [rating] GNRC +3.89% [rating] ODFL +3.07% Losers [rating] GIS -5.17% [rating] ALB -4.44% [rating] HSY -3.97% [rating] SJM -3.73% [rating] CAG -3.48% * * * * Earnings Report Reporting Today Rating Before Open After Close MKC, PAYX NKE No earnings reporting today. Earnings Surprises [rating] MU Micron Technology, Inc. Q3 $-1.43 Beat by $0.14 [rating] GIS General Mills, Inc. Q4 $1.12 Beat by $0.05 [rating] WOR Worthington Industries, Inc. Q4 $1.04 Beat by $0.31 * * * * 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}. 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