Tuesday, November 26, 2019

S&P 500 Fantastic Run of 35% Since Market Bottom of 24 Dec 2018

The S&P 500 has had a fantastic run since the recent stock market bottom of 24 Dec 2018. It is up 35%+ with dividend reinvested over the course of last 11 months.

S&P today on 23 Nov 2019 is at 3135 up 27% from 2350 on 24 Dec 2018. Even compared to previous high of 2920 before the correction on a dividend reinvested basis it is up 12+%.

Not too many bargains to be found but low interest rates if they remain at these levels for longer term companies can continue to compile value and those earnings on a relative basis to bonds still mean stocks are the place to be.







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