πππOn August 28, the S&P500 Index closed at a record breaking 6,501, its 28th all time high of 2025. That was not a fluke. It was a crescendo. A surge in Tech Titans like Google, Amazon pushed the index higher, defying gravity even as other sectors wobbled. It marked a 10.5% climb year todate and a stunning 30% rebound from its April low. This wasn't just a rally. It was a roar.
My conviction in $SPDR Portfolio S&P 500 ETF(SPLG)$ is paying off as I am up 47%. SPLG is the mini version of SPY with a super low expense ratio of 0.02%. Both ETFs are managed by the same fund manager State Street Global.
Why did August shine?
Texh resilience : AI optimism and cloud infrastructure demand ignited faith in US megacaps.
Easing interest rate expectations.
And September?
September may test the nerves of short term traders but for me, it is just another chapter in a long beautifully compounding journey.
@Tiger_comments @TigerStars @CaptainTiger @TigerClub
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