March was growth

In March 2024, the stock market wasn't just climbing the charts—it was hitting the high notes, with Nvidia rocking the stage like a solo guitar hero in a band's breakout hit!

here's the gist of why:

1. A Bunch of Sectors Did Well: Basically, every part of the market was up. Even the tech scene, which usually gets all the attention, shared the spotlight. Nvidia, a big tech company, really shone and pushed up the market by a lot. But it wasn't just about the tech giants; this time, the gains were spread out more evenly across different sectors.

2. Spotlight on Value and Small Stocks: The market started paying more attention to value stocks and smaller companies, not just the big tech names that usually dominate the headlines. These value and small-cap stocks were undervalued, meaning they were kind of like hidden gems that hadn't been fully appreciated yet, setting them up for potentially better performance down the road.

3. Interest Rates and the Economy: Everyone was eyeing what the Federal Reserve would do about interest rates. There was a general expectation that rates would be cut, which means cheaper borrowing costs for people and businesses. This could help boost the economy and, by extension, the stock market. The Fed's moves are always a big deal for the market because they influence how expensive or cheap it is to borrow money, which affects spending and investment.

So, in short, the market was up because things were looking up across a bunch of different sectors, not just the usual tech suspects. There was also some optimism about value stocks and smaller companies getting their moment to shine. Plus, there were hopeful signs that borrowing might get cheaper, giving the economy a nudge.

PS if you follow me, you will know the strategy that I'm using. Not difficult at all.