 | Luke Lango
Editor, Hypergrowth Investing |
|  With the stock market, winning begets more winning. So, when stocks are rising, they tend to keep rising. And that is exactly what we are seeing with the stock market today.
In fact, one momentum technical indicator is currently pointing to a huge summer rally coming for the stock market.
The S&P 500 has now rallied for four straight weeks. Such four-week win streaks for the market are rare. But, when they happen, they tend to be a precursor for even bigger gains over the next several weeks. |
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| SPONSORED  Luke Lango, the man who picked Tesla before it sky-rocketed 1,000%+, has traveled all the way to the Tesla Gigafactory in Texas to reveal Elon’s hidden AI project.
It’s known as “AI 2.0”, and in Elon’s own words, it will be “a fundamental transformation for civilization as we know it.”
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And with the way things are progressing, this wealth window could create a slew of millionaires among those who act before the announcement.
It’s not X.AI, ChatGPT, Grok or any other AI stock, for that matter. Click here now to discover how to claim a stake in Elon’s “AI 2.0” project |
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Historical Trends Show A Rally Is Coming For example…
Since the market bottomed in October 2022, the S&P 500 has pulled off three separate four-week win streaks before this most recent one.
The first was in May 2023. The second was in October 2023, and third in January 2024.
All three times, stocks soared over the following two months.
After the S&P 500 notched a four-week win streak in May 2023, the market soared throughout June and July as the U.S. Federal Reserve officially paused its rate-hiking campaign.
After the S&P 500 notched a four-week win streak in October 2023, the market soared throughout November and December on softening inflation trends and strong consumer spending during the holidays.
And, after the S&P 500 notched a four-week win streak in January 2024, the market soared throughout February and March on strengthening economic data.  The precedent is clear. In recent times, whenever the stock market pulls off a four-week win streak, it tends to be just the start of a big, multi-month surge higher in stocks. |
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The Trend is Here That is exactly the situation we have today.
The S&P 500 just notched a four-week win streak in May 2024. History says stocks should therefore soar in June and July.
But thanks to what?
Softening inflation trends.
We learned last week that inflation officially resumed its decline in April, after temporarily rising in February and March. Real-time data suggests inflation will continue to resume its decline in May, and we think the factors are in place for inflation to keep falling in June and July.
If it does, the Fed will increasingly depart from their “higher-for-longer” stance on interest rates and shift to a “we may cut soon” stance. That shift will create huge tailwinds for the stock market – and should propel stocks to new highs. |
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| SPONSORED  Elon Musk has cracked open a radical wealth building opportunity set to create a slew of new millionaires…
This narrow window will close when Elon holds his upcoming “AI Day.”
We’re now on the final stretch before Elon’s new project becomes mainstream to the public.
A Silicon Valley insider has revealed everything you need to know about this wealth window before it shuts.
Click here now to discover how to profit before the huge public announcement |
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The Final Word Of course, in this rally, a lot of stocks should win. A rising tide lifts all boats, after all.
But what stocks will win the most?
Given the set-up, we think rate-sensitive stocks – like AI growth stocks, especially smaller AI growth stocks – will be the leaders of this summer rally.
It is time to buy those AI growth stocks.
Click here to learn our favorite picks right now.
Sincerely, |
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| Luke Lango
Editor, Hypergrowth Investing |
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