According to Eric Balchunas, SPY has experienced a positive trend, with its Year-to-Date (YTD) return only 180 basis points away from recovering all losses incurred earlier in the year. This consistent upward movement makes SPY an attractive option for traders looking to capitalize on its current momentum.

According to @RyanDetrick, over the last 20 years, March 12th marks the last day of the year with a negative average YTD return for the S&P 500. This historical trend offers some hope for bulls anticipating a market recovery, as reported by @KobeissiLetter.

According to @RyanDetrick, over the last 20 years, March 12th marks the last day of the year with a negative average YTD return for the S&P 500. This historical trend suggests a potential turning point for bullish traders, as past data indicates a shift towards positive returns following this date. Traders might consider this pattern when strategizing for the upcoming market movements, as cited by @KobeissiLetter.

According to The Kobeissi Letter, gold's year-to-date (YTD) returns have more than doubled those of the S&P 500, despite the two assets rising concurrently. In 2024, the correlation between gold and the S&P 500 reached an unprecedented level of approximately 0.81, suggesting a notable shift in market dynamics. This correlation highlights the potential for synchronized market movements and may influence trading strategies focused on diversification and risk management.

According to @KobeissiLetter, gold has more than doubled the S&P 500's year-to-date (YTD) return, while both have risen together, showing an unprecedented correlation of approximately 0.81 in 2024. This unique correlation between gold and the S&P 500 is significant for traders looking to diversify their portfolios. The simultaneous rise suggests potential strategic adjustments for investors considering hedging against market volatility. Source: @KobeissiLetter.