For some market observers, that suggested stocks could have more room to run from here — even after their strong start to the year.
"It looks like this rally does have some legs, and you can't fight some of the tape right now," Victoria Greene, chief investment officer at G Squared Private Wealth, said Wednesday on CNBC's "Closing Bell: Overtime." "The Fed is saying that they're going to be hawkish, but the technicals are saying this rally is in, and I really don't think we're going to retest those October lows anymore, because we've hit some really important technical supports," Greene said.
Wall Street is expecting further economic insight from a slew of reports Thursday. For starters, another inflation gauge will be out in the morning,Weekly jobless claims data, as well as January's housing starts report, are also due Thursday.
CNBC pretends to know everything ! Lol won’t ever hear them discussing fundamentals 🤡
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