Stocks Could Jump Double Digits to End 2024

The good times are far from over. In fact, history suggests double-digit upside is likely to finish 2024... [Stansberry Research Logo] Delivering World-Class Financial Research Since 1999 [DailyWealth] Stocks Could Jump Double Digits to End 2024 By Brett Eversole --------------------------------------------------------------- The S&P 500 Index just finished its strongest first half since 2021... And before that, we haven't had a better start since 2003. Stocks jumped 15.3% through the end of June. That's a rare feat – and better than a typical year for stocks. But the good times are far from over... You see, history shows that this kind of start means more gains are coming. And as I'll explain, we could see another double-digit rally by the end of the year. --------------------------------------------------------------- Recommended Links: [Urgent Alert: 'This Could Be Worth 20 Times More Than Nvidia']( Whitney Tilson has nailed many of the most famous stocks of the past 25 years – including Netflix, Amazon, and Apple. Now he's pounding the table on a new technology rolling out across America, which early estimates say could create more wealth than AI, the personal computer, and the smartphone combined. [Click here to see how it could become the No. 1 investment of the next decade](. --------------------------------------------------------------- ['How I Increased My Wife's 401(k) Sixfold in One Year']( At the peak of the dot-com boom, a former hedge-fund manager put all $20,000 of his wife's 401(k) into shares of just ONE stock. Everyone on Wall Street said he was crazy. But a year later, that $20,000 in his wife's account was worth $120,000. Today, he says: "If you thought the dot-com mania was intense, what's about to happen in the coming weeks [could be even crazier and could open up a new window of opportunity for 500%-plus gains]( --------------------------------------------------------------- When it comes to investing, you want to follow the trend. That's what works. The reason why is all about investor psychology... When prices begin moving higher, folks want in on the gains. Higher prices bring in more and more buyers... And the flood of new buyers pushes prices even higher. It's a virtuous cycle. When the uptrend is in place, it tends to stay that way. That's exactly what we've seen over the past two years. Take a look... We're nearly two years into this bull market. Stocks are up more than 50% from the October 2022 low. And the first half of 2024 saw a big part of that rise. Again, stocks rallied 15.3% in the first half of the year. Best of all, according to history, that's a strong sign of more gains to come. To test it, I looked at every double-digit rise in stocks during the first half of the year. Since 1950, that has happened 18 times. Here's what came next... Returns don't tend to slow down after a great start to the year. Instead, stocks have a history of rallying 6.8% through the end of the year. And 12 months later, the typical gain was an impressive 13.2%. The results were even better in recent history. We've seen seven similar situations if we shorten our time frame to the past 30 years. Here's what happened after those setups... The typical return was another 10.6% rise by the end of the year. And those gains swelled to 15% over the next 12 months. Plus, stocks were higher by the end of the year 100% of the time... So the odds of success are stacked massively in our favor. This shouldn't be surprising to DailyWealth readers. We often write about the power of investing with the trend. And today, the trend is in our favor. History shows this momentum should continue. We could see double-digit gains by the end of 2024. And that means we want to stay bullish right now. Good investing, Brett Eversole Further Reading Investors are starting to take on risk once again. But don't let that worry you... It's a positive development for the bull run in moderation. We're still a long way from investor euphoria... [Read more here](. Most of the major indexes are soaring. But that doesn't mean every stock is worth buying. A unique quirk of today's market shows just how crucial it is to be selective right now – so you can find the winners and avoid the losers... [Learn more here](. --------------------------------------------------------------- [Tell us what you think of this content]( [We value our subscribers' feedback. To help us improve your experience, we'd like to ask you a couple brief questions.]( [Click here to rate this e-mail]( You have received this e-mail as part of your subscription to DailyWealth. 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