We just got done with our Fall Portfolio Accelerator in Chicago.
It went even better than expected.
I think we're going to make so much money from the ideas and strategies we discussed over the past two days.
It's not even fair to have so many smart traders and investors in one room. Not to mention, we also got to go to the Cubs game last night, the CBOT on Wednesday and a tour of the Pat Tillman Foundation as well.
All around I think it was a huge win for all of us. Our entire team got to fly in from all over the world to spend some time in Chicago, many of them for the first time.
We had some special guest rock stars come by to drop some knowledge bombs on us. And of course, our Portfolio Accelerator Members who got to hang out and participate along with us the whole time.
That was cool.
If you're interested in the Portfolio Accelerator, you can apply here and see if you're a good fit.
I'll share some additional charts and content over the weekend, but I did want to pass this one along.
We're looking at both the returns and duration for all the bull markets in the history of the S&P500.
The bottom line is that if this bull market is ending soon, it would go down as one of the worst bull markets ever.
So far the S&P500 returns are below average for a bull market and it would also be much shorter cycle compared to all the others.
The blue bars represents the returns for each bull market and the red dots show us the duration in terms of total trading days.
Look at the average return in the dashed blue horizontal line and the average duration in the red dashed line.
This one isn't even close to being as good as those others, at least not yet...
So how can we be sure?
I'm looking for an expansion in the number of stocks hitting new lows.
We just haven't seen it.
If you're looking for market deterioration and lower prices, I would keep a close eye on the new lows lists.
You're most likely to see spikes in the new 1-month lows lists first - so start there.
Here's what that looks like. We're looking for the most amount of new lows in 18-months, which means we'd need to exceed those levels from early 2023:
I would expect to see a spike above those levels to indicate that, yes in fact, there are stocks that are falling in price, for really the first time this entire bull market.
And that's why I've had such a hard time being convinced that this bull market is almost over.
I'd have to see stocks falling in price though, and we still haven't seen that.
We are buyers of stocks. There were a bunch of interesting names we're putting into our portfolios that were discussed in great detail over the last couple of days.
If you missed it, you can still access the recordings of all the presentations throughout the 2-day event. You can also download the deck with all the charts we discussed and the details for each the trades.
I would encourage you to Contact Mary or give her a call+1 (323) 421-7910and she'll answer any questions you might have.
You can also apply here and get access to some of the smartest minds in the business right away.
