The Melt Up is ON.

The time to act is here. If you don’t get moving NOW, you risk missing out entirely.

Even worse, if you wait any longer, you could act at the wrong time. You could become the “greater fool,” buying at the top of the market.

And if you make that mistake, it could spell doom for your portfolio.

The peak is closer than it has ever been. We’re not at the end yet, as I’ll explain today… But you are almost out of time.

I can’t stress this enough. If you want to earn big profits… if you want to cushion your portfolio or retirement… my friend, this could be your last chance.

So please, pay attention. A lot has happened in recent weeks. And the pieces falling into place give us a precious window of opportunity – before the bottom falls out.

Let me explain…

When it comes to what’s happening in the market right now, most folks get it all wrong…

Stocks broke out to new all-time highs last month. The market is up around 16% this year. And the big worries that dominated last December – when stocks were in the middle of a major correction – have mostly disappeared.

The average Joe looks at this and gets scared. If stocks are hitting highs, he thinks he must have missed his chance.

This couldn’t be further from the truth. The reality is that new highs are a good thing. And they show why we have a window of opportunity to make money right now.

Sure, we’re in uncharted territory… But that’s not a problem, at least in the near term.

The rapid fall in late 2018 was followed by the strongest January in 30 years… And the rally has continued for months.

The S&P 500 recently hit levels never before seen in its history. And that tells me that the rally should continue. Just take a look at the table below…

The table shows U.S. stock returns going back to 1928. The typical one-year return for stocks over that time was 5.5% (not including dividends). But surprisingly to most folks, returns are better after the market hits new highs.

New 52-week highs typically led to returns of 7.5% a year later. And new all-time highs led to outperformance, too… 6.3% returns over the next year.

Now, 7.5% might not sound like much – but it is two full percentage points better than a typical buy-and-hold strategy. Said another way… two percentage points above 5% is a 40% better return.

Most important, this shows us all-time highs are NOT a bad omen for stocks going forward.

Based on history, the recent new highs should help propel stocks even higher. Right now, we have a window of six to 12 months to profit.

Of course, what happens after that is obvious, too… The Melt Down will happen. It always does. And this bull market will be no exception.

Let me be clear… we’re not there yet. We still have a window of opportunity to profit. But our chance is limited. I urge you not to miss it.

In fact, I believe the final push of this Melt Up is starting now. Tomorrow, I’ll explain exactly why… And I’ll tell you why I believe the biggest gains are likely ahead of us – to come in the next few months.

Good investing,

Steve

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Source: Daily Wealth