I'm "All In" on a Stock Market Rally

The market should be strong through the end of 2024. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

AN OXFORD CLUB PUBLICATION

Loyal reader since January 2024

View in browser SPONSORED Inside Look at Pro Trader's Million-Dollar Trading Blitz: Millionaire trader Nate Bear has closed SIXTY-TWO 100% winners since he opened his Daily Profits Live chatroom last March... Including a rare 1,129% winner (in 2 days) that he found LIVE during his last Open House. Now is your chance to trade alongside him FOR AN ENTIRE FREE WEEK as he continues his millionaire trading blitz! Join him on September 9-13 between 9 a.m.-4 p.m. ET each day during his FREE Daily Profits Live Open House... And see how you can grow your money just by looking over his shoulder. RSVP TO Nate's FREE Daily Profits Live Open House >>> Editor's Note: I always appreciate Senior Markets Expert Matt Benjamin's objective, data-based commentary. In a world filled with fearmongers and alarmists, it's refreshing to hear a voice of reason like Matt's. When I saw this column he wrote in our sister e-letter, Liberty Through Wealth, last week, I knew I wanted to share it with Wealthy Retirement readers as well. Keep reading below to find out why Matt is bullish on stocks for the remainder of 2024. - James Ogletree, Managing Editor MARKET TRENDS Are Stocks Poised for a Rally to End 2024? Matt Benjamin, Senior Markets Expert, The Oxford Club As we move into September, it's beginning to look like we could see a strong year-end run for stocks. First, the economy looks very healthy at the moment. Last week, I wrote about how a recession this year is increasingly unlikely. I pointed out that the economy continues to create jobs (albeit at a slower pace than earlier in the year), new claims for unemployment insurance continue to fall, American consumers continue to spend money, and inflation continues to moderate. Best of all, I noted that corporate earnings are at an all-time high. And that looks like it will continue into next year. Industry analysts predict the S&P 500 will report year-over-year earnings growth of 11.3% this year and a whopping 14.4% in 2025. It's relatively rare to see two consecutive years of double-digit earnings growth for this group of companies... The only times it happened in the last 15 years were in 2010-2011 and 2017-2018. View larger image   And of course, the stock market is forward-looking - usually about six months into the future, give or take a few months. So investors will be incorporating this expected profit growth into share prices over the next few months. Cuts Are Coming... But there has been additional data and developments since my article last week... most of them very positive for stocks. First, the Atlanta Federal Reserve's GDP prediction model sees economic growth of 2% for the current quarter. That's not stellar by historical measures, but it's still very solid. In fact, it reinforces the "soft landing" scenario I've written about in the past - that the Fed has been able to cool the economy just enough to moderate inflation but not enough to start a recession. Also, mortgage rates continue to fall. The average rate on new 30-year fixed-rate mortgages has declined from 7.9% last October to under 6.5% last week. SPONSORED Yours Free! Top FIVE Dividend Stocks Right Now Marc Lichtenfeld - income expert and author of Get Rich with Dividends - is giving away his Ultimate Dividend Package... completely free of charge! You'll discover... An "A"-rated, ultra-safe dividend stock with a huge 8% yield Three of Marc's favorite "Extreme Dividend" stocks, which could supercharge your income And finally, Marc's No. 1 dividend stock for a LIFETIME of income. Click here to get the names and ticker symbols now... before the download link expires. **NO CREDIT CARD REQUIRED!** This is extremely important. Consider that the housing industry - which ranges from homebuilders, financial firms, and brokers all the way to retailers like Home Depot (NYSE: HD) and Lowe's (NYSE: LOW) - accounts for almost a fifth of the economy, depending on how you measure it. And the industry has been depressed, due to higher rates triggered by the Fed's monetary tightening over the past 2 1/2 years. But perhaps best of all, the Fed is poised to begin cutting rates directly after the September 17-18 meeting of its committee. Chairman Jerome Powell confirmed this last Friday at the Fed's annual central banking conference held in Jackson Hole, Wyoming. Fed watchers are calling his speech "unambiguously dovish," which means he apparently sees the need for multiple interest rate cuts in coming months. And indeed, futures markets are now pricing that in. Traders see a 70% likelihood that the Fed's target rate will be at least one percentage point lower by the end of the year... View larger image   Finally, I'll add one last reason the market is set up for a strong finish to the year: historical patterns. According to the Stock Trader's Almanac, fourth quarter market gains have been the largest and most consistent over the years. Gains for the S&P 500 have averaged 4.2% during the fourth quarter since 1949 - much better than the first quarter (2.1%), the second quarter (1.8%), and the third quarter (0.8%). Why has the fourth quarter been so strong over the years? The Almanac cites the approaching holiday season, which creates positive market psychology. In addition, investing professionals drive the market higher as they make portfolio adjustments to boost their year-end performance numbers. Yes, there are also risks that can't be papered over. We have an election looming, in which both sides will likely cry foul if they lose. That could create societal upheaval and unhappiness... and perhaps greater market volatility. And geopolitical tensions - in Ukraine, the Middle East, and the South China Sea - are growing and threaten to draw the U.S. in. There are always risks, and smart investors account for them. But if I have to decide whether to be in the market or out of it right now, consider me all in. Invest wisely, Matt Leave a Comment BUILD AND PROTECT YOUR WEALTH Get Marc's Top 5 Dividend Stocks (FREE PICKS) Indicators Point to a Year-End Rally Wall Street PROJECTS $30 Energy Stock Will Rise to $280 in 18 Months! How to Secure Double-Digit Option Gains MORE FROM WEALTHY RETIREMENT Seasonal Trends: the "Heartbeat of the Markets" Avoid These Pitfalls of Biotech Investing Does Ford's Dividend Have a Rough Road Ahead? Options: An Unlikely Source of Income Facebook LinkedIn Email Share Push Alert SPONSORED 3rd-Gen Crypto Could Be the Biggest Yet AOL was replaced by Yahoo... and Yahoo was replaced by Google. Google was third generation... and it won. Now the same thing is happening with crypto. Bitcoin came first... then Ethereum... and now a much smaller crypto is being hailed as the next huge cryptocurrency to own. Find out why it's being called the "Ethereum Killer" here. You are receiving this email because you subscribed to Wealthy Retirement. Wealthy Retirement is published by The Oxford Club. Questions? Check out our FAQs. Trying to reach us? Contact us here. Please do not reply to this email as it goes to an unmonitored inbox. Privacy Policy | Whitelist Wealthy Retirement | Unsubscribe © 2024 The Oxford Club, LLC All Rights Reserved The Oxford Club | 105 West Monument Street | Baltimore, MD 21201 North America: 877.808.9795 | International: +1.443.353.4621 Oxfordclub.com Nothing published by The Oxford Club should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed personalized investment advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after publication before trading on a recommendation. Any investments recommended by The Oxford Club should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. The information found on this website may only be used pursuant to the membership or subscription agreement and any reproduction, copying or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of The Oxford Club, LLC, 105 West Monument Street, Baltimore, MD 21201.