«The hard reality of trading is that you want to become consistent, you must start with the mindset that, no matter the outcome, you are fully responsible»
- Trading in the zone
BREAKING: Global stock market cap is up to a record $166 trillion.
This marks a +$32 trillion YoY increase, or +23.6%, far above the long-term average.
Global markets have surged +$94 trillion, or +131%, since the 2020 pandemic low.
By comparison, the global equity market value has grown at a +7.0% compound annual growth rate (CAGR) over the last 20 years.
Meanwhile, as a % of global GDP, the global equity market cap is up to a record ~134%.
Global equities are in the midst of one of the most powerful rallies in history.
History points to a strong July for US stocks:
Since 2005, the S&P 500 has recorded an average gain of +2.5% in July, more than 4 times the average increase seen in the other 11 months of the year.
The index has not declined in July for 11 consecutive years, the longest positive streak of any month over this period.
Meanwhile, the S&P 500 has posted 24 all-time highs so far in 2026.
This ranks among the top 20 strongest starts to a year for the index since World War II..
Historically, when the index has seen such a streak, it has rallied another +6% over the following 6 months, on average.
Seasonal patterns suggest continued bullish momentum this month.
First position: -$50 stop loss.
Second position: Ran 200 points in profit before reversing and closing at break-even
Price failed to break the previous highs.
Targets hit. 🎯