S&P 500 Hits 118% Gains as Ryan Detrick Eyes 'Many, Many More Years'—But Burry and Schiff Warn Our 'Luck Just Ran Out'
The S&P 500 reported a 118% gain, as Ryan Detrick predicted the duration of the rally. However, Michael Burry and Peter Schiff noted that market breadth and interest rates indicate a reversal. The Bull Case: Historic Gains and Momentum The current advance marks the eighth longest bull market since World War II. As the run approaches its fourth birthday since October 2022, the S&P 500 has surged 118%, recording the third-best start over this timeframe. This bull market is up 118%, which would put it as the third best start ever to a bull market on it's fourth birthday. Looking at the two that were better shows that one lasted another year and the other lasted another seven years. pic.twitter.com/fGKIpGb45e — Ryan Detrick, CMT (@RyanDetrick) October 6, 2026 Carson Research’s Chief Market Strategist Detrick noted that historically, year four produces above-average returns, and the index is already up nearly 19% since turning three years old. A year ago, when the bull market turned three years old, we noted that year four of bull markets historically have been quite strong, with well above average returns normal. Currently up nearly 19% since the bull turned three. 🔥🔥 pic.twitter.com
The S&P 500 reported a 118% gain, as Ryan Detrick predicted the duration of the rally. However, Michael Burry and Peter Schiff noted that market breadth and interest rates indicate a reversal. The Bull Case: Historic Gains and Momentum The current advance marks the eighth longest bull market since World War II. As the run approaches its fourth birthday since October 2022, the S&P 500 has surged 118%, recording the third-best start over this timeframe.
This bull market is up 118%, which would put it as the third best start ever to a bull market on it's fourth birthday. Looking at the two that were better shows that one lasted another year and the other lasted another seven years. com/fGKIpGb45e — Ryan Detrick, CMT (@RyanDetrick) October 6, 2026 Carson Research’s Chief Market Strategist Detrick noted that historically, year four produces above-average returns, and the index is already up nearly 19% since turning three years old. A year ago, when the bull market turned three years old, we noted that year four of bull markets historically have been quite strong, with well above average returns normal.
Currently up nearly 19% since the bull turned three. ” This bull market is nearly four years old. Going back 50 years, looking at the five other bull markets that made it this far, every single one of them made it at least another year. In fact, many, many more years is quite possible.
com/1JkhVmPicV — Ryan Detrick, CMT (@RyanDetrick) October 6, 2026 Read Also: Michael Burry Raises Red Flag on Oracle’s $664B Backlog and AI Spending: ‘The Customer Is Now the Lender’ The Bear Case: A High-Debt Reality In contrast, Schiff points to a shifting macroeconomic environment as a risk for investors. S. has transitioned away from the debt conditions that made post-2008 borrowing affordable. 29%, adding that it could reach 6% by November.
Masked Weakness and Bubble Comparisons Burry shares this caution, specifically regarding the structure of the stock market. 7% from their highs — drawing parallels to the market conditions of 1973 and 1999 — Burry conceded he “cannot” disagree with the implication. Furthermore, Burry targeted Nvidia Corp. ‘s (NASDAQ: NVDA ) defense of its artificial intelligence (AI) hardware depreciation schedules, comparing the rhetoric to 1960s data processing speculation.
” How Has the Stock Market Performed in 2026? 35% year-to-date. 96% YTD. On Monday, the SPDR S&P 500 ETF Trust (NYSE: SPY ) and Invesco QQQ Trust ETF (NASDAQ: QQQ ), which track the S&P 500 and Nasdaq-100, respectively, closed higher.
20. 11. 50%. Read Also: Michael Burry Sounds Alarm on $1 Trillion AI Spending Using 145-Year-Old Case Study — Backs META, GOOGL's 'System 2' Over LLMs Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published editors.
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