Investing at All-Time Highs: What the Data Says
Should you invest at an all-time high? Every SPY record close on file, with the forward returns that followed and the deepest drawdown that began from one.
Filtering by topic #market timing · clear
Should you invest at an all-time high? Every SPY record close on file, with the forward returns that followed and the deepest drawdown that began from one.
Can a death cross be bullish? Every SPY 50/200-day cross in our daily data, with 1, 3, 6 and 12 month forward returns and how often the index was higher.
Time in the market beats timing it: missing the best days since 2016 turned a big SPY gain into a small one, and the best days hide inside the worst selloffs.