Our August 2023 report looks at the state of the market midway through 2023, and the two variables investors should watch in the months ahead.
Will the Strong 2023 Market Continue? Watch These 2 Factors.
U.S. stocks have enjoyed a strong first half of 2023. The S&P 500 index officially entered a new bull market, and the index rallied +16.9% in the first six months of the new year.
History suggests that such a strong start is a good omen for the rest of the year. Since 1970, when the first six months' return for the S&P 500 was between +10% and +20%, the average second-half return was +10.7%, with positive returns 100% of the time.
Of course, a continued bullish trend is not guaranteed. In our free August 2023 Zacks Market Strategy Report 1, we take a closer look at two factors we believe will have a big influence on whether stocks continue to climb, or give some back. Get your report now to read about:
Two Factors Investors Should Watch in the Second Half of 2023
What Tech Sector Earnings Are Telling Us
Bottom Line for Investors
If you have $500,000 or more to invest, request this report today.
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1 Zacks Investment Management reserves the right to amend the terms or rescind the free August 2023 Zacks Market Strategy Report offer at any time and for any reason at its discretion.
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