La multitud, el mundo y a veces incluso la tumba, se aparta para dejar paso al hombre que sabe dónde va, pero dejan fuera al que camina sin destino.
Antiguo dicho romano
The S&P 500 soared 16.1% in April and May, the second best ever (only 2020 was better).
Here's the thing, after previous big gains (>10%), June has never been lower and the rest of the year added 18.6% on average.
💬"Esta subida de la bolsa de EEUU de los últimos años no tiene sentido. No se basa en nada, solo especulación. Es una burbuja de IA"
📈Mirad el gráfico, subida exponencial sin descanso del S&P500. Es insostenible...
Oh, perdón, me equivoqué, este es el gráfico del beneficio por acción de las empresas del S&P500....👇🏽
Want to make a bear mad?
Tell them that after April & May gain more than 10% (like 2026 will), the rest of the year has gained double digits each time and been up an average of nearly 19% the rest of the year.
This year continues to look at lot like your average year under President Trump. Early year weakness, then a major low in March/April. Then rally time.
Everyone likes to point out how poorly stocks do in midterm years.
What they usually leave out is how they do much better during a President's second term.
NVIDIA, $NVDA, EARNINGS SUMMARY:
1. Record quarterly revenue of $81.6 billion, above expectations
2. Q1 adjusted EPS of $1.87, above expectations
3. Q2 revenue guidance of $89.2 billion to $92.8 billion, above expectations
4. New $80 billion share buyback authorization
5. Increase in dividend from $0.01/share to $0.25/share
6. Total revenue growth of +1,035% over the last 3 years
Once again, Nvidia has crushed just about every expectation possible.
The AI Revolution is on fire.
When January is higher, the next 11 months were higher 87% of the time.
When the first 5 days gained >1%, the full year was higher 87.1% of the time.
Yes, we didn't see Santa this year, but overall, this is still a net positive for above average returns in 2026.
We didn't see Santa this year, but stocks did gain the first five days and in January. That's two out of three, not bad.
What stands out is Q1 has seen some big drops after this combo, but the full year was up more than 15% three out of four times.
José Antonio Kast:
“Les pido un aplauso para Franco Parisi, Johannes Kaiser y Evelyn Matthei, porque el desafío está al frente… Nosotros no competimos para dividir, nosotros competimos para sumar y todos son importantes”.
¡CHILE ESTÁ PRIMERO!🇨🇱
The bull market turns three this Sunday.
Just a reminder that the five previous bull markets (going back the past 50 years) that made it this far kept going.
Shortest was five years, the average was 8 years, and two made it to double digits.
The S&P 500 is up more than 35% the past six months, for one of the best six-month rallies in history.
The five other times this happened (since 1950) saw stocks higher a year later each time.
150 years of history.
Wars. Depressions. Pandemics. Crashes.
Each one felt like the end of the world.
And yet, $1 in stocks still grew to $33,000, AFTER adjusting for inflation.
The story of markets is the story of human progress.