Author: Brett Eversole, DailyWealth.com

History shows the momentum should continue… and that means we want to stay bullish right now.

Similar setups like what we’re seeing today have led to 8% gains in six months and 11.6% gains over the next year.

In short, the current market environment is poised to keep heading higher. We’re simply not going to get a second chance at the lows of previous years.

It could eventually set up a contrarian opportunity. But for now, it’s best to steer clear: the losses are likely to continue.

If you’ve given up on the stock after a rough start to 2024, now is the time to reconsider.