Hey, Ross here:
Check out this Bloomberg headline.
A bit sensationalist, no doubt.
But in this case, I think Goldman’s right on the money. Today’s chart helps explain it.
Chart of the Day
This chart shows the S&P 500’s average 2-week return for the first and second halves of each month, with the data being pulled from 1928 till today.
Essentially, this chart shows you a lot of “seasonal” patterns in the stock market.
And what it shows is that the first two weeks of June and July are usually pretty good times for the market.
As for the “wall of money” Goldman is talking about?
Well, a lot of it comes from the $6 trillion just sitting in money market funds at the moment.
That money will act as the dry powder that sets up some explosive stock gains.
Don’t waste this opportunity.
Insight of the Day
Market returns are always distributed unequally – both across sectors, stocks, and time.
Over the past few days, I’ve been talking about how the highest market returns tend to go to the leading stocks in the leading sectors (which are always changing).
But there’s one other aspect you should remember…
And that is returns are also unequally distributed across time.
Gains are always “concentrated” in certain periods – meaning missing out on those time frames could have a huge negative effect on your profits.
And as today’s chart shows, we’re likely entering one such period right now…
Meaning the time-tested strategy of going after the leading stocks in the leading sectors could be even more profitable than normal.
That’s why in just a few hours at 11 a.m. Eastern later today…
I’m going LIVE for a masterclass on using my all-time favorite chart pattern to position yourself in the fastest-moving leading stocks right now.
After my masterclass later today, you’ll know:
- Exactly what this chart pattern looks like…
- The statistics of its incredible performance in both bull and bear markets (it does way better in bull markets)…
- And the precise method for positioning yourself within this pattern to set yourself up for the biggest and fastest gains.
This chart pattern has been my “secret weapon” for years – as well as of many other great traders – and it could be yours too.
So, if you haven’t done so yet, please click here to guarantee your seat for my live masterclass later…
And watch out for the login info in your inbox in a couple hours.
Ross Givens
Editor, Stock Surge Daily
