Nasdaq rallied +18% in one month; author claims every correction is bought immediately due to passive investing and Fed backstop. If the market indeed remains "unbreakable," a buy-and-hold approach on the S&P 500 should continue to benefit from momentum, AI catalysts, and institutional flows. Go long SPY with a year-end price target of 8300 (roughly +10% from current levels), riding the "melt-up" thesis. A sudden spike in inflation, a hawkish Fed pivot, or a geopolitical black swan (e.g., Iran conflict escalation) could break the momentum. Counter‑argument from u/No-Contribution1070 warns this is exactly when the market breaks.
Nasdaq rallied +18% in one month; author claims every correction is bought immediately due to passive investing and Fed backstop. If the market indeed remains "unbreakable," a buy-and-hold approach on the S&P 500 should continue to benefit from momentum, AI catalysts, and institutional flows. Go long SPY with a year-end price target of 8300 (roughly +10% from current levels), riding the "melt-up" thesis. A sudden spike in inflation, a hawkish Fed pivot, or a geopolitical black swan (e.g., Iran conflict escalation) could break the momentum. Counter‑argument from u/No-Contribution1070 warns this is exactly when the market breaks.