Second-Half Surge For Stocks? 📈

Did you know that the Dow Jones Industrial Average has risen in the second half of the year 68% of the time over the last 128 years?

Did you know that the Dow Jones Industrial Average has risen in the second half of the year 68% of the time over the last 128 years?

This historical trend suggests a promising outlook for investors in the latter half of 2024.

Inside this edition, we’ll be looking at these topics:

  • Stock Market Looks Good For 2H 2024: First, with a 68% probability of a market rise, historical data supports optimism for the U.S. stock market in the second half of 2024 👍

  • A Bright Future For Apple: Next, Apple is poised for significant growth with the introduction of its generative AI products this fall 🌟

  • Do Not Worry, Trust: Finally, we’ll offer you a brief but powerful reminder that has helped countless people throughout the ages 🙏

Stay informed with our insights and analysis in this edition of Equity Eats. Happy investing!

Stock Market Looks Good For 2H 2024 👍

There’s a 68% probability that the U.S. stock market will rise in the second half of 2024.

This is based on the 128 calendar years since the Dow Jones Industrial Average DJIA was created in 1896.

In 87 of those years, the Dow rose over the second half of the year — or 68% of the time 📈

Some of you may wonder if the probability of a second-half gain increases if, as is the case this year, the stock market rises in the first half of the year or inflation is trending down.

Based on statistics, the answer is no

But common sense says that as long as GDP growth remains solid, inflation is trending down, and the Fed begins cutting interest rates, then the stock market will do well in the second half of the year.

A Bright Future for Apple 🌟

Apple stock will continue to rise as the company’s generative artificial intelligence products, set to launch this fall, lead to an acceleration of growth in revenue and earnings.

Apple’s introduction of Apple Intelligence will position the company as the leader in the consumer AI experience. 

Excitement over what AI will mean for big tech companies is what has sent the market higher this year.

But until Apple’s Worldwide Developers Conference on June 10, the company kept its AI plans to itself. 

That worried Wall Street 😨

Now we know that AI capabilities will be included in new versions of the iPhone, iPad, and iMac this fall. 

These capabilities are focused on improving the user experience, including updates to Siri, proofreading text, and instant image creation.

These new updates will lead to increased sales of Apple hardware 💰

That’s exactly what the company needs.

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Do Not Worry, Trust 🙏

Stop worrying, because it only causes stress and damage.

Trust in God 📜

The more you trust Him, the more He provides.

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