Continuation of strength
This time around last year I was warning that we could get a stock market sell-off into year end. How right it was to be selling stocks ahead of it. Many investors were caught off guard and became, consequently, very negative and fearful going forward. Despite the markets having rebounded nicely since then, sentiment didn’t change much even though we’re just starting to see breadth expansion with more and more breakouts higher out of roughly two year long bases, see Are you ready for a stock market rally?.
So, what if this year will be the total opposite of last Q4? Meaning, could we see a broad based rally into holiday season? Let’s dive straight into it.
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