Despite sitting near record highs, the S&P 500 has an even more impressive record it's close to breaking
Jay Soloff
Argonath Financial
Despite sitting near record highs, the S&P 500 has an even more impressive record it's close to breaking. If the benchmark index should rally just two more months (for a total of 64 months), it will be the longest continuous rally in 85 years. Ari Wald of Oppenheimer has 5 reasons why the rally may continue for the long-term. 1) Secular breakout above 2000-2013 range. 2) Accommodative Fed policy. 3) Attractive stock valuations versus bonds. 4) Cyclical sectors with stronger trends than defensive sectors. 5) US economy continues to grow. (VIEW LINK)
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I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market maker on the floor of the CBOE, as a consultant on Wall Street, and as a senior analyst at a multi-strategy hedge fund. You can visit my website at www.argonathfinancial.com.
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Jay Soloff
Research Analyst
Argonath Financial
I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market...
Expertise
No areas of expertise
Jay Soloff
Research Analyst
Argonath Financial
I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market...
Expertise
No areas of expertise
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