Market Overview - The market is currently experiencing a bull market year with an increase of almost 20% [1] - Historical patterns suggest that stocks often rally on bad news during early bull markets, with some large-cap stocks showing sell-offs on good news [4][5] Economic Indicators - Inflation remains above the Federal Reserve's target but is declining, reaching a four-year low [6] - The economy is performing well, with previous concerns about economic downturns not materializing [5] Market Dynamics - The NASDAQ has increased by 130% since the bear market lows in October 2022, while precious metals like gold and platinum have outperformed the broader market [8][9] - Structural forces such as the dollar, oil prices, and ten-year treasury yields are currently supportive of equity markets, with all three at or near 52-week lows [10] Historical Comparisons - The performance of the NASDAQ over the past three years has closely mirrored the trajectory of the NASDAQ following the launch of Netscape in the early 90s, with a similar percentage increase [11][12]