Right Here, Right Now
The United States is the greatest success story and an example of how Father Time has less significance if you can master Mother Nature, which is perceived through the lens of discernment, otherwise known as intuitive wisdom.
You cannot scale discernment, nor can it be taught. The absolute nature of discernment in judging effectively is considered a blessing.
The ability to ruthlessly cut a bad idea or embrace a good one is key. This is why U.S. equities at a large scale (not small—small is for PE or Shark Tank) are the undisputed king.
Comparatively never bet against America - after all once Trump moves the government to Texas as Rome to Constantinople. It will usher another 1000 years for the Empire - the Omega Point. ;)
Now that we’ve got that out of the way, we must still remain agnostic when dealing EXCLUSIVELY not COMPARATIVELY with SP 0.00%↑ .
Despite the fact that markets can inherently go to infinity, they just don’t.
The initial value of the S&P 500 on January 3, 1928 was 17.76.
The Total Return:
(5117.09 - 17.76) / 17.76 = 28,718.07% or 287.1807 times the initial value
Number of Trading Days:
From January 3, 1928, to September 11, 2024, there are approximately 24,240 trading days (excluding weekends and holidays).
Average Daily Return:
0.0258%
Thus, the average daily percentage gain of the S&P 500 since its inception (using back-calculated values to 1928) is approximately 0.0258% per trading day. This means that despite the minor positive daily drift, there will be swings both up and down over short periods of time. Like the projected 96 pts for yesterday:
