Stocks

I knew cycles existed, but I never gave it too much thought that they could really be predicted — until this calendar proved that it’s possible.

Many traders say that unless the Dow Jones Industrial Average falls by 20%, we aren’t in a bear market. That’s a little too simple.

Fundamentals change slowly. That’s why the stock market is little changed most days. But in the long run, those boring days add up to big gains.

This chart shows that the individual stocks are following the trends of the major market indexes. This tells us that more new highs lie ahead.

We could be enjoying a bull market that might last until 2028, and over the next 11 years, the Dow could reach 60,000. It won’t go straight up, though.