Wednesday, July 17, 2024

A Dangerously Narrow Bull Market?

Shield

AN OXFORD CLUB PUBLICATION

Liberty Through Wealth

View in browser

SPONSORED

He Picked Apple at $1... and Netflix at $2... Now He's Betting Big on This $5 AI Stock

Alex talking outside
 

CLICK HERE TO FIND OUT WHAT IT IS

THE SHORTEST WAY TO A RICH LIFE

Is This Bull Market Dangerously Narrow?

Matt Benjamin, Senior Markets Expert, The Oxford Club

Matt Benjamin

Sure, we're in a bull market - but it's far too narrow.

Anyone who's been reading the financial press has heard that complaint ad nauseam this year.

The idea is this...

Yes, this market rally - which has sent the S&P 500 Index soaring 58% since October 2022 - is impressive by historical standards. Yet it has been led by a tiny group of mega-tech stocks associated with AI technology, with little in the way of gains outside of that elite group.

Worse, that narrowness sets the market up for a major correction.

One earnings miss by, say, chipmaker Nvidia (Nasdaq: NVDA) - which is up a whopping 166% this year alone - could take this whole house of cards down with it.

(In fact, Nvidia is already down 10% over the past week.)

There is certainly some truth to this depiction of the bull market. But the reality is much more nuanced - and the outlook far more positive - than the naysayers would have you believe.

Discover the Truth Here
OXF Seven

BUILD AND PROTECT YOUR WEALTH

SPONSORED

The Ultimate Passive Income Play

isometric happy businessman and money working
 

The #1 income play for 2024 is NOT a stock, bond or private company...

Rather, it's a little-known alternative investment that could hand you big monthly income from oil and gas.

Find Out What It Is Right Here

SPONSORED

The #1 AI Stock NOBODY Has Ever Heard Of...

Alexander Green #1 AI Stock
 

The man who correctly called 4 of the top 6 performing stocks of this century... now says this obscure AI stock will be the biggest winner of the AI revolution.

The reason why will surprise you.

No comments:

Post a Comment

It’s Happening This Week, and You Won’t Want to Be Left Behind

  September 16, 2024 It’s Happening This Week, and You Won’t Want to Be Left Behind Tired of hearing about int...