Kerry Balenthiran
@KKBalenthiran
Cycles Trader. Author - The 17.6 Year Stock Market Cycle https://www.amazon.com/17-6-Year-Stock-Market-Cycle/dp/0857192736/
We are still in a stocks bull market. This S&P500 chart shows the alternating secular cycles. In the thread below I'll show the different gains in each period. I know 2000-2017 doesn't look like a bear market BUT... $spx $spy #sp500 #spx $es_f #stocks #cycles THREAD 👇1/
SP500 - Can get to 6450 by August. Then dip to 5660 in Sept.. If this pattern is correct then it gets to the top of the blue channel no. 4 in the 13,000s in 5 years.
People on Twitter/X like to paint the UK as some kind of dystopian hell. It isn’t. Put down your phone, go outside & enjoy the city/countryside/seaside, whatever floats your boat. Enjoy the fabulous summer in the UK and ignore Twitter/X who just want to magnify the negative.
Don’t forget it’s still Mercury retrograde shadow until Thursday (we are in the strongest part now) Potential (all markets) crazy days are slated for Thursday and Friday No one can tell you exactly what’s going to happen to the price of Bitcoin .. or anything else for that…
Gorgeous evening in Crackington Haven, Cornwall. Heading home tomorrow but Cornwall has been a treat in this great weather.
Great book by @RobinWigg on the history of passive investing. It reads like a great story, like a Michael Lewis book. Highly recommended for anyone who loves investing and markets.
St Ives, Cornwall. Life doesn’t get better than this ☀️☀️☀️
Volatility leaves the building around the Summer solstice. The VIX won't breathe until the tides sync again.
Investing in the S&P 500 at all-time highs has historically yielded positive returns, with data since 1950 showing average gains over 1-3 years and corrections (>10%) only 9% of the time a year later. Since 1970, 24-month returns averaged 20.2% post-highs. However, risks include…
This is very impressive, but I’m more impressed with grok’s reply in the thread.
Reminder: It's safer to invest when the S&P 500 is at an all-time high
The S&P 500 is up 72.6% over 678 trading days since the 2022 low, below the average bull market gain of 153.7% over 1,145 days. We’re now in year 3, a phase that’s historically flat and choppy. That’s typical mid-cycle digestion... not a red flag. This bull isn’t young, but…
There are fifteen million men with beards in the UK. I propose a beard tax of £10,000. It could raise £150bn.
24 hours to go until I present my petition in Parliament: Tax Wealth, Don't Cut Disability Support. Over 75,000 people have already signed. A Wealth Tax could raise £24 BILLION per year - six times more than what will be saved by these cuts. Sign below. chng.it/2pq56bHC9t