The S&P 500 is officially up 25%, adding 1,000 points, since...
The S&P 500 is officially up 25%, adding 1,000 points, since its low in October 2023.
This has only happened 10 times dating back to 1930, according to Bank of America.
The last 3 times this happened?
August 2020, July 2009 and January 1999.
However, the Magnificent 7 are currently *only* up 149% since the run began in December 2022.
This percentage gain is lower than every "bubble" dating back to 1930 except for one.
History says the Magnificent 7 aren't done yet.
This has only happened 10 times dating back to 1930, according to Bank of America.
The last 3 times this happened?
August 2020, July 2009 and January 1999.
However, the Magnificent 7 are currently *only* up 149% since the run began in December 2022.
This percentage gain is lower than every "bubble" dating back to 1930 except for one.
History says the Magnificent 7 aren't done yet.
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