As we go further into the summer months the rally continues with all three major market indices substantially higher for the year-to-date (YTD) 2023.
As we move into the final full trading week of the first month of the third quarter all market indices have improved substantially since our most recent previous post on June 9th, 2023.
It will be interesting to see how the major market indices will peform for the remainder of the summer and through the third quarter on into the fourth and final quarter of the year and into 2024.
Three questions to ask...
1. What can we say about 2023 thus far?
2. What will we see for the remainder of 2023?
3. What will we see in 2024?
Answers. Answers.. Answers...
What can we say about 2023 thus far?
We can say that the gains have been substantial for all the major market indices.
It has been modest gains for the DJIA thus far in 2023 with the DJIA gaining year-to-date (YTD) +2,091.32 points or +6.31% to close at 35,227.69 on Friday, July 21st, 2023.
It has been a considerable gain for the S&P 500 thus far in 2023 with the S&P 500 gaining year-to-date (YTD) +712.20 points or +18.62% to close at 4,536.34 on Friday, July 21st, 2023.
It has been an all out 'BULL-Run' for the NASDAQ Composite thus far in 2023 with the NASDAQ Composite gaining year-to-date (YTD) +3,703.81 points or +35.66% to close at 14,090.80 on Friday, July 21st, 2023.
As we go further into the summer months the rally continues with all three major market indices...
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