Our latest Chartisphere gave some historical examples of five 6 month time frames that look quite similar to the last 6 months we've just experienced. We came away from the Chartisphere research feeling pretty optimistic, and in this Random Gleanings we provide a few more reasons we remain positive.
Strong market moves like we've experienced over the last 6 months bring out the "bears" like food scraps at a campsite. While the recent surge may feel unprecedented, we've included 5 quite similar times in this Chartisphere that suggest it may not be different this time, and that a positive market can last longer than you might expect.
What would history teach us about investing when Democrats take over Washington?
Short Selling, Short Squeezes, Hedgefunds & Robinhood... Stop! GameSTOP!
Did the 2020 Recession end the Secular Bull Market that started in 2009? Clearly not. So, what do we do with a late stage Bull Market?
Hindsight is 20/20?
2020 will be a year that will be examined for the rest of time to gain the clarity of vision on all that occurred. That said, we take to the charts to look back on the good, the bad, and the unusual of the year that was.
"It was the best of times, it was the worst of times..." Charles Dickens wrote this famous passage in 1859, yet the sentiment is as fresh as ever as you look at the divergence between stocks in 2020. A Tale of Two Cities? Absolutely!