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Formerly TwitterRyan Detrick, CMT
RyanDetrick
Nice chart from @HumbleStudent.
Many are worried that strength in utilities is a warning sign, a la late 2019.
Other defensive stocks are still lagging though, so it might not be the major warning many claim.
If this changes, then it would be a warning sign. pic.twitter.com/OY93GEbt1Q
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Ryan Detrick, CMT
RyanDetrick
S&P 500 up 9.5% in '24.
Avg yr since '50 = 9.3%.
Another reminder that avg isn't so avg when it comes to investing.
Only 4 times since '50 have stocks finished between 8-10%.
Odds favor a good deal higher from here or a good deal lower.
We say higher. What do you say? pic.twitter.com/xy53ZPQY1v
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