Bubble · S&P 500 Index (2024)
Replay the S&P 500's AI capex narrative from January through August 2024 across 144 daily bars and a 13.0% climb. You step through 25 decision points day-by-day, make your own calls, and then receive an AI coach review of every move. Simulated capital, purely educational.
144 daily bars · 25 decision points · 2024-01 to 2024-08 · Stocks
Key facts
This window spans 206 days with a peak-to-trough drawdown of 8.5% and a 17.0% run-up.
- Max drawdown
- −8.5%
- Max run-up
- +17.0%
- Duration
- 206 days
- Largest single-day move
- −3.0%
- Bars
- 144 Daily bars
- Decision points
- 25
Every figure above is computed programmatically from this replay’s own candle series — no editorial input, no LLM. Methodology: Methodology
The market advances day by day. You only see candles up to the current day — as if you were really there.
At key decision points choose Buy / Trim / Exit / Hold. Each decision advances the timeline by one day.
After settlement you get a six-dimension score and an AI coach review. Your result enters the scenario leaderboard.
Event Replay
What happened — and what it teaches
The S&P 500 entered 2024 as investors grappled with a defining question: whether AI capital expenditure promises would translate into genuine earnings growth. The index began the year near 4927.93, with market participants parsing corporate guidance, Federal Reserve signals, and geopolitical developments for direction. The period from January through August 2024 represented a critical test of whether the AI investment narrative could sustain equity valuations.
Over 144 trading days spanning January 29 to August 22, the index climbed 13.0% to reach 5570.64. Yet the path was far from smooth. An 8.5% maximum drawdown tested the conviction of even seasoned participants, while the largest single-day move of 3.0% demanded emotional discipline. Traders navigated 25 decision points, including 9 critical junctures, constantly reassessing their stance as the market oscillated between AI-driven optimism and valuation concerns.
This replay strips away the benefit of hindsight to teach how process, not prediction, drives sustainable results. Managing through an 8.5% drawdown without abandoning a sound strategy separates disciplined traders from reactive ones. The 3.0% single-bar volatility reminds us why position sizing and emotional control matter more than market forecasts. By confronting each of the 9 critical decision points without knowledge of what follows, participants learn that outcomes depend on methodology and psychology rather than forecasting accuracy.