Market Commentary for April 2024

Blue sky and a bull market

By Alan Hull

It’s the end of the month & the end of the quarter and our Stockmarket has ended both of them in blue sky. In fact our market was in blue sky on a weekly and a daily basis when it closed for the Easter break. And as you'll see when you watch my latest video review, all of my strategies are offering up plenty of opportunities in this highly predictable bull market.

So how predictable is it? Well here's what I wrote in my commentary at the start of November last year....5 months ago....

In spite of the current pullback, I still have a bullish outlook as we head into 2024. In every instance, going all the way back to Roosevelt, the U.S. markets have enjoyed a bull run in a Presidential election year whenever an incumbent is standing for re-election. Of course the President will have sway over both fiscal and, to some degree, monetary policy and the Stockmarket is a key part of the window dressing. Not to mention there is an AI boom simmering away on the backburner at the moment and you can rest assured Biden's Administration isn't going to get in the way of a Stockmarket boom.

And the evidence just keeps growing month by month. So is it too late to enter the market now? In my video review you will not only see the stocks that are running but I also highlight the stocks that are just starting to rally. So no...it's not too late, but please take a look for yourself...

Monthly Market Review