2023 was a great year for the stock market. We finally saw some improvements after the long sideways performance of 2022.
- S&P - up 26%
- Dow - up 13%
- NASDAG - up 53%
We appear to be in Stage 2 going into 2024 which is a positive sign. A review of Stage 2. This is a time to invest.
- Stage 2 - Advancing Phase
- 30 week moving average slopes up.
- Close is above the 30 week Moving Average, with higher lows
- Fundamentals improve
Slickcharts has some fantastic charts. Here is one showing returns year over year for the S&P.
