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27,166 Posts.
2418
30/05/24
10:56
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..the strongest market that few made money on, lol.
The S&P 500 just posted its best weekly streak in 35 years.
The index has increased in 23 of the last 30 weeks, a joint record since 1989, according to Deutsche Bank.
Should the S&P 500 close up this week, it would mark the 24th weekly gain out of 31 previous weeks, a performance last seen in 1963.
During this period, the index has rallied by 25% and added ~$12 trillion in market cap.
This is one of the strongest markets of all time.
https://x.com/KobeissiLetter/status/1795819256547803592
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