Yesterday 11:57 am
And that is perfectly fine. I told people on a messaging group that the June high set in the Nasdaq/SP wasn't the final high and more rallies will come.Fuelman » 24 Jul 2026, 5:34 pm » wrote: ↑ Not yet!
Market-Wide Profit TrendsOverall Growth:
Profits jumped 28.8% compared to last year, accelerating significantly from the 13.1% growth rate seen in the first quarter.
Broad Participation:
11 out of 12 major economic sectors experienced accelerating earnings growth, showing strength beyond just artificial intelligence and tech.
Beat Rates:
Approximately 85% of reporting companies beat profit expectations, while 81% topped revenue forecasts.
I looked at 100 years of US stock market history and found none of the major tops that led to a 35%+ bear market started in June. Unfortunately even making a simple analysis / deduction like this is far beyond what most traders are capable of, which makes me conclude they won't survive the slaughter coming soon.
I estimate there is a 75% chance it tops in October 2026 and 99% by the end of March 2027. The idiot consensus is Warsh will raise rates and burst the bubble, which is nonsense. More likely it will be a black swan people haven't figured out yet.
Maybe I should be thanking the J U U Z 3 for having some shenanigans planned???!!!