Yesterday’s article caused quite a stir.

It is widely believed that you cannot time the market. This is a myth. You can time the market, but it takes a lot of work and knowledge.

Case in point, as I outlined in yesterday’s article, I accurately called for the S&P 500 to run to 4,600 back on November 2, 2023 when the market was still just at 4,200.

The S&P 500 hit a high an intraday high of 4,557 yesterday. Modesty aside, this was an incredible call, made within a few days of the market hitting its absolute lows before the rally.

This wasn’t luck either. 

Prior to this call, I had been warning clients for weeks that stocks would break down to the 4,100s on the S&P 500 and that this would be a MAJOR buying opportunity. Heck, the literal title to a research note to private clients on October 5th was “Bonds Stabilize… But I Expect a Final Flush for Stocks.”

What happened next is illustrated in the chart chart. Again, I called for the S&P 500 to drop to the 4,100s weeks in advance, then predicted the S&P 500 would run to 4,600 weeks within days of the market bottom in late October.

So my point remains the same: you CAN time the market, but it takes a lot of work and knowledge.

For more market insights and analysis, join our free daily market commentary Gains Pains & Capital. You’ll immediately start receiving our Chief Market Strategist Graham Summers, MBA’s briefings to your inbox every morning before the market’s open.

And if you sign up today, you’ll also receive a special investment report How to Time a Market Bottom that the market set-up that has caught the bottoms after the Tech Crash, Housing Bust, and even the 2020 pandemic lows.

Even more importantly, you’ll find out what this trigger says about the market today!

More By This Author:

Enjoy The Santa Rally… What Comes Afterwards Won’t Be Pretty
Japan’s Currency Hasn’t Traded Here Since The Late 1980s
The Markets Fell For A Lie Yesterday… But This Won’t Last