The market continued to zoom higher in 2024 and pushed the upper limits for many stocks and indexes, the S&P 500 included. Our review of the Coppock Curve is a good reminder to us that markets move in cycles and there are times when this list can dwindle to only a few.
Before we jump to this month's list, let's review how this indicator did based on the January 2023 list. The average return was 25% for the group with a success rate of 81%. If we exclude Meta's astonishing returns, the average gain is still an impressive 19%.
At the end of February 2024, there are 2 companies with ‘Buy’ signal. Continue reading