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Halftime Report

The Bull Market’s Birthday 10/9/24

Oct 9, 2024
Join market experts Joe Terranova, Shannon Sikosha, Jason Snipe, and Jim Labenthal as they celebrate the bull market's two-year anniversary. They dive into the impressive performance of the S&P 500 and the major tech stocks, discussing the potential for a downturn amidst positive economic indicators. The committee shares their latest portfolio moves and highlights promising sectors like financials and healthcare. Don't miss insights on the rebound of cruise line stocks and John Deere's resurgence, blending optimism with strategic investment advice!
44:08

Podcast summary created with Snipd AI

Quick takeaways

  • The bull market's second anniversary highlights a significant 60% increase in the S&P 500, driven by consumer resilience and strategic positioning.
  • Sector-specific strategies are critical amid rising interest rates, with a focus on quality investments and the healthcare and financial sectors for potential gains.

Deep dives

Investing with Fidelity: Low-Cost Access

Investing with the Fidelity app allows individuals to start with as little as $1, eliminating account fees and trade commissions for U.S. stocks and ETFs. This accessibility is particularly beneficial for new investors who may be hesitant to enter the market due to high initial costs. However, it is important to note that while most transactions are commission-free, a limited number of ETFs could incur a transaction-based service fee. Overall, Fidelity's approach aims to encourage wider participation in the investment landscape by reducing the financial barriers associated with starting an investment journey.

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