12/19/2023 – Another positive day with the Dow Jones up 251 points (+0.68%) and the Nasdaq up 98 points (+0.66%)
The stock market continues to perform as anticipated. I found the following article of interest ……
- Did one of Wall Street’s biggest bears just turn bullish?
- As Wall Street debates whether the powerful rebound in stocks and bonds trading around the world has more room to run, or has already gotten over its skis, Michael Wilson, Morgan Stanley’s top equity strategist, is telling clients that the Federal Reserve could be guiding the U.S. economy toward a “sweet spot” for the market.
If you will recall, just a few short weeks ago most professional investors were running around screaming that the market was about to crash. And now we have bears going bullish and the land of milk and honey is just around the bend.
We don’t particularly hold either view. If you recall, since identifying October 13th, 2022 bottom with incredible precision we held a singular forecast. That all major indices will see their respective all time highs before the bull market terminates itself.
So, the real question right now should be, where does this bull market terminate? Luckily, we have the answer. If you would like to find out exactly where and when this market will top out, and most importantly, what happens next, please Click Here.