Stocks reclaim record highs, but investor enthusiasm is lacking

div > div.group > p:first-child"> Stocks have reclaimed their old highs and should continue to make new ones, but without some of the fanfare and excitement of some past rallies.

T3Live.com's Scott Redler said investors continue to doubt the market, even as some indexes hit highs. Beyond that, the market will also soon be tested by the Fed, which meets May 1. Redler said stocks have been moving higher since the Fed"pivot," when officials started to signal that more interest rate hikes were unlikely. Some market pros believe the Fed will even cut interest rates before it ever raises them again.

Once the market takes back 2,940, Redler said the next level on the S&P will be the psychological 3,000, the year end target of many market strategists.

Lol, “investor enthusiasm is lacking”.. then why is the market going up? See how they feel with their money, not their mouths.

Know how experts say The Market doesn't like the unknown? Well, we're living in Unknownville these days. I'll always cheer The Market on, but one never knows what will come out of the WH next. Let THAT wash over us.

Investors saw the same thing before and got burned

Time for a buyback, then.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks in Asia set to gain following Wall Street record closing highStocks in Asia were set to gain at the open on Wednesday after the S&P 500 and Nasdaq Composite closed in record high territory overnight on Wall Street.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks Take Off Because Earnings Have Been a Pleasant SurpriseCorporate profits have not been as weak as the stock market feared, helping push stocks to new highs.
Source: MarketWatch - 🏆 3. / 97 Read more »

US stocks rally again to record highs as earnings smash expectations — 'Is it different this time?'Better-than-expected earnings unleashed a wave of optimism in the US, sending the S&P 500 to its 'third big high.' Asia and Europe weren't as upbeat. When the “is it different this time?” stories start it is time to het your money out because a crash is around the corner 'earnings smash expectations'. Whose earnings? The 99%ers'?
Source: BusinessInsider - 🏆 729. / 51 Read more »

This chart shows the fundamental reason why stocks are back at all-time highsRBC says quarterly estimates now imply that a much-feared earnings recession will be avoided. Fundamental? Really? I don't see a bag holder anywhere on the graph. Did I miss it?
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: Twitter, Disney, Coca-Cola, Hasbro & moreThese are the stocks posting the largest moves midday Tuesday.
Source: CNBC - 🏆 12. / 72 Read more »

US stocks hit new record highsUS stocks climbed past their all-time highs on Tuesday, as stocks continued to rally from their December lows. Amazing economy and still getting even better. Thanks Obama!! 🤣 What goes up....
Source: CNN - 🏆 4. / 95 Read more »