The Compound and Friends

Sam Stovall on the Year-End Rally, Millennium Wins by Not Losing, CVS Gets an Activist

26 snips
Oct 1, 2024
Sam Stovall, Chief Investment Strategist at CFRA Research, shares his sharp insights on market trends and seasonal dynamics. He discusses the importance of historical context in investment decisions, especially during volatile times. Stovall highlights the remarkable rise in household net worth post-pandemic and the growing influence of younger investors. The conversation also touches on the challenges of stock indexing and behavioral finance while examining the implications of tech giants on market dynamics, including CVS's recent activism.
Ask episode
AI Snips
Chapters
Books
Transcript
Episode notes
INSIGHT

Historical Market Trends

  • An up January and a higher first-quarter low than the previous December's low historically predicts a 25% market rise.
  • This pattern has held true since World War II, offering guidance for investors.
ADVICE

Managing Market Volatility

  • Be prepared for market pullbacks and corrections, even in positive trending years.
  • View these downturns as buying opportunities rather than emotional triggers.
INSIGHT

Strong Starts and Market Momentum

  • Strong first and second quarters often lead to double-digit yearly price increases.
  • This may indicate smart money anticipating factors like no recession and future rate cuts.
Get the Snipd Podcast app to discover more snips from this episode
Get the app