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Why I'm Expecting A Year-End Rally, And Another Big Year Next Year! [Yahoo! Finance]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
And it looks like there's a lot more upside to go. For one, Q4 is historically the best quarter for stocks. So, there's that. Additionally, since 1950, in post-election years (i.e., the first year after a Presidential election), December has a 77.8% likelihood of finishing higher. And there's a myriad of other reasons why, beyond just the recurring seasonal tendency. That includes the tamer inflation reports, the resiliency of the economy, the recent interest rate cuts (including the latest one just a few days ago), and of course, the ongoing AI boom! For those who missed the recent rally, or wished they would have taken better advantage of it, the good news is the next leg up could be even more spectacular. And that's exactly what I'm expecting. History Repeats Itself Last year saw the S&P 500 soar by 23.3%. That was the second year in a row of 20%+ gains. (2023 was up 24.2%.) That's a feat rarely seen in the past. In fact, it was the first time it was up 20% o
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