Abundant Life Financial’s Post

The S&P 500 is up more than 27% in 2024 — the best election-year return ever — and it has made 56 new all-time highs. Is the bull market near its end? https://lnkd.in/eHpXdFPj #WeeklyMarketCommentary #weeklymarketupdate #weeklyupdate #weeklynews #weeklynewsletter

The S&P 500 is up more than 27% in 2024 — the best election-year return ever — and it has made 56 new all-time highs. Is the bull market near its end? https://lnkd.in/evDA_n_E #WeeklyMarketCommentary #weeklymarketupdate #weeklyupdate #weeklynews #weeklynewsletter

The S&P 500 bounced back last week, having its best week of the year. The bull market remains, but could we see more volatility this year? Learn more in the Weekly Market Commentary: https://lnkd.in/g3zHJmR7

The S&P 500 fell for the second consecutive week. But we think there’s still plenty of life left in this bull market. Why? Read our Weekly Market Commentary. https://lnkd.in/gY-xftmA #WeeklyMarketCommentary #weeklymarketupdate #weeklynews

The S&P 500 fell for the second consecutive week. But we think there’s still plenty of life left in this bull market. Why? Read our Weekly Market Commentary. https://lnkd.in/eGjbNa-c #WeeklyMarketCommentary #weeklymarketupdate #weeklynews

After a little dip in April, the S&P 500 bounced right back to near all-time highs in May, closing up 4.96% for the month and 11.3% YTD. In this month’s commentary, “The Conviction,” we’ll briefly review how a few different market indexes have performed so far this year, dive into some key drivers that might lead to a Trump victory in November, regardless of the conviction, and close with a remembrance of the courage and selflessness that took place on June 6, 1944. Enjoy! #marketcommentary #behavioralfinance

TECHNICALS | Historically, when the S&P 500 was up by more than 10% for consecutive quarters, it performed exceptionally well over the subsequent 5 years, with an average cumulative return of 92.6% in Dollar terms. We have again seen two consecutive quarters with returns in excess of 10% and if history holds true, it would corroborate the average length of historic secular bull markets of between 16 and 20 years.

The S&P 500 hasn't started September so poorly since the 1950s ‘There have only been four other years where the S&P 500 dropped 2.5% or more to kick off the month,’ according to Bespoke “Since 1953, when the five-day trading week in its current form began, this year ranks as the worst first week for the S&P 500 on record,” Bespoke, a wealth-management and research firm, said in an emailed note Monday. The S&P 500 has started September with a decline of 4.25% through Friday, according to FactSet data.  https://lnkd.in/gMe2xBVj

Last month the S&P 500 experienced its largest drawdown over the last 12-months and the VIX volatility index spiked to its highest level since the onset of the pandemic. Despite this rapid market decline, the S&P 500 managed to gain 2.4%. As we enter September, volatility has once again picked up. Read our full Monthly Roundup here to stay informed.

Last month the S&P 500 experienced its largest drawdown over the last 12-months and the VIX volatility index spiked to its highest level since the onset of the pandemic. Despite this rapid market decline, the S&P 500 managed to gain 2.4%. As we enter September, volatility has once again picked up. Read our full Monthly Roundup here to stay informed.