The powerful March-June rally ticked several of the boxes for those who try to certify important, durable market lows and recoveries.
Fatigue was to be expected after the best 11-week sprint in market history, a gain of 44% in the S&P 500 from March 23 through June 8. And under normal circumstances, stocks giving back one-sixth of a headlong rally, as the index has the past three weeks, would be viewed as utterly routine. And, chances are, it is a routine if uneasy pullback.But very little about this year has been typical, even if some of the rhythms are familiar.
Can this market continue acting like an early bull phase, with broad strength, cyclical-stock leadership and an ability to look through near-term economic struggle? The powerful March-June rally ticked several of the boxes for those who try to certify important, durable market lows and recoveries. The persistence of the price gains, the amount of losses recouped in a brief time and the rare breadth of the stocks showing extreme momentum had technical strategists calling it an early bull market.
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2030. WORLD SCIENCE - DOES NOT KNOW THE THEORY OF NUMBERS. * MATHEMATICAL ERROR IN WORLD ORDER.. FAKE SCIENCE AND FAKE LIFE.. 0 = 0, new;; 0=05, 0=5, 0=77, ...art.
You know what the key question for the stock market is? “Are you high?”
The main question is how can the stock market remain so detached from economic reality?
Expect the stockmarket to pick up in the second half. Consequently hoping for a surge in BTC cryptocurrency Bitcoin
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