Interesting find US listings dropped to 3000 today , compared to 6500( 25 years ago) acess to private capital?
MSCI's Long Base Awaiting the Push into Space
There's an old saying among traders — one we covered in our 15 Stock Market Sayings.
«The longer the base, the higher the space.»
The idea behind it is almost physical. When a stock moves sideways for months — sometimes years — something happens beneath the surface. Smart money accumulates. Weak hands give up. Tension builds like a compressed spring. And the longer the compression lasts, the more powerful the release when the price finally breaks above resistance. Long bases signal not short-lived spikes but durable, reliable trends.
Now look at MSCI over the past few years. This is the «Good Chart» we promised — and it's a beauty.
Since the 2021 high — around $650 — the stock never decisively cleared it. A ceiling the price kept bumping into, year after year. A textbook multi-year consolidation beneath a clear lid.
But look closer at the floor.
Because the second signal is hiding there — and it's the one that matters most. Each pullback, the price stops falling a little earlier, a little higher than the last. 2022. 2023. 2024. 2025. 2026. Five valleys, each one shallower than the one before.
Higher lows.
It's the most bullish footprint a chart can leave. Every dip that refuses to go as deep as the last is a quiet message: the sellers are running out of ammunition, and the buyers are stepping in earlier, more confidently, at ever-higher prices. The floor isn't flat. It's tilting upward — pressing the price against that $650 ceiling like a rising tide against a dam.
A compressed (coiling) spring, squeezed from below.
And right now, as I write this, MSCI trades again at the upper edge of that years-long range, exactly where the old ceiling sat. The base is long. The lows are rising. The spring is wound to its maximum. The price stands at the threshold.
Should MSCI break out decisively here (lots of buying interest in the form of volume), it wouldn't just be a technical signal. It would be the confirmation of the entire story: an indispensable business that profits from every rising market, that nobody can leave, that consists almost entirely of margin — and whose stock, after years of patience, is finally taking its run-up.
A “Good Story” and a “Good Chart”, finally pointing the same direction.
Bogle taught the world to buy the haystack. MSCI decides which straws go in it — and clips a fee on every bale.
The base is laid. The lows are climbing. The space above is vast.
MSCI is waiting in ambush.