The Bull Market Is Still Alive
Editor’s Note : Eric here – today, I have a special guest issue from InvestorPlace’s own Luke Lango. The stock market was struggling, even before Fed Chairman Jerome Powell triggered a 4% selloff last Friday with his stark, anti-inflation speech at Jackson Hole. And the market continues to struggle today. But in the midst of the gloom, Luke and his team offer a ray of hope… and a new path forward. Hey there, my name’s Luke Lango. There’s always a bull market somewhere. And there’s one happening right now . Yes, even just days after the U.S. Federal Reserve promised that the U.S. economy would experience “pain” and the Dow Jones dropped 1,000 points. Even in the midst of that, there were still bull markets out there. On Friday, when the Dow dropped a thousand points, still 1,296 U.S. stocks rose on that day – and two rose more than 1,000%! Just like in 2008, when the Great Financial Crisis caused a widespread crash on Wall Street, still a dozen U.S. stocks more than doubled. Also like in 2001, when stocks were reeling from the dot-com crash, still more than 25 stocks rose more than 300% in that year.
The Bull Market Is Still Alive
Editor’s Note : Eric here – today, I have a special guest issue from InvestorPlace’s own Luke Lango. The stock market was struggling, even before Fed Chairman Jerome Powell triggered a 4% selloff last Friday with his stark, anti-inflation speech at Jackson Hole. And the market continues to struggle today. But in the midst of the gloom, Luke and his team offer a ray of hope… and a new path forward. Hey there, my name’s Luke Lango. There’s always a bull market somewhere. And there’s one happening right now . Yes, even just days after the U.S. Federal Reserve promised that the U.S. economy would experience “pain” and the Dow Jones dropped 1,000 points. Even in the midst of that, there were still bull markets out there. On Friday, when the Dow dropped a thousand points, still 1,296 U.S. stocks rose on that day – and two rose more than 1,000%! Just like in 2008, when the Great Financial Crisis caused a widespread crash on Wall Street, still a dozen U.S. stocks more than doubled. Also like in 2001, when stocks were reeling from the dot-com crash, still more than 25 stocks rose more than 300% in that year.