The Market Has Never Peaked in June Since 1950! Here's Why It Matters!

**SPEAKER_1** (0:00)
All right, let's get to it, ladies and gentlemen. Investment fact of the week.

**SPEAKER_2** (0:06)
Oh, this is a really good one. If you take the data, S&P annual highs per month since 1950 through 2025, do you know that never in the month of June has the market peaked in June?
So this is a really, really great time to buy. Usually, in July, we've only had three new highs for the year. August, we've had three. Normally, in November and December is when we have the peak. So when I was going back and looking through the historical data, I thought it was very fascinating that it slows down in April and May and June.
The market never has peaked since 1950 in the middle of the year. This is one of the greatest runs I think we've ever seen in tech history. We could talk about valuations and P ratio and Schiller ratio later. But what this tells me is for the second half of the year, the market is going to be on an absolute tear. If you are afraid or if you're new, June is going to be a great opportunity to buy. Never in history since 1950 has the market peaked at this month. Now is going to be the time to buy this month, roll into the gains for later in the year and you'll be A-OK. See you at InvestFest, you'll have a great opportunity to buy in August as well, but November and December should be absolutely amazing. That's the investing fact of the week.

**SPEAKER_3** (1:31)
Damn, man. I guess the buy mayn go away thing didn't really hold steady.

**SPEAKER_2** (1:37)
No.

**SPEAKER_3** (1:37)
I think NASDAQ was up 8% for the month.
I feel like we have these conversations more and more every week with the, I don't know if it's fear, maybe it's anxiety of, is this going to crash? What are we looking at? What are we seeing? There's no way that this could be real. How is this going to be sustainable? And every time we look, I mean, there's a new metric. And I know 99 gets compared a lot. And there's obviously some huge differences. Number one, the amount of revenue being brought in, the amount of earnings that's being brought in, the profitability of a lot of these companies where those didn't exist in 99 I feel like the new rules are being made right now.
It just feels like you have to be flexible with some of history, in a sense, right? As I listened to a lot of experts, I was up watching Jensen last night and just blown away. Watched Tom Lee, was watching CME all day. And they don't know what to make of what we're seeing. And so, remain disciplined. But sometimes, you just have to make adjustments, in the sense of, you know, where's the new entry point? A lot of times, I get asked, I mean, probably four to five times a day, what's the entry point? When I'm like, let's see where this thing settles. Well, maybe it doesn't settle. And so now we have to be adjustable with some of our plan. But that doesn't mean we don't remain disciplined. So I think that would be my rule of the week. It would be have a plan, be disciplined, but also have the flexibility to adjust.

**SPEAKER_2** (3:08)
And I'll say this too. The Sullen and Goldway axiom was always dumb, and it was for institutional investors. I always like to go to other business realms, right?
Bob Johnson never did that with BET. Steinbrenner never did it with the Yankees. Dolan never did it with New York.
We have to make sure, because a lot of times in media, people will give you advice on what to do and do the complete opposite. For example, like if you take Ray Dalio in Bridgewater, one of the greatest firms of all time, even now through principles and changing world order, he's telling you about an imminent collapse, right? Now he did this in the 80s and the 90s and early 2000s, while selling a diversified portfolio strategy to every continent on earth. Please be mindful of the information that you're giving on public airwaves, because most billionaires are not going to share their strategies on what they're actually doing in real time.

**SPEAKER_1** (4:06)
Well, you know what billionaire actually did share a strategy was Mike Novogratz, and that was somebody that we've had on market. Beat me to it. And then when we went on his podcast and he was saying about gold, and after that gold went up like 70 percent, he talked about Bitcoin when it was at a low point.