Oh Boy, here is just a small sample from this morning……
“The new week starts with the S&P 500 looking to register its 30th record closing high of the year. And the optimistic market calls keep on coming. Standing out is Julian Emanuel, strategist at Evercore ISI, who has pushed his S&P 500 end-of-year target up from a relatively bearish 4,750 to 6,000, a level that makes him the most bullish on Wall Street”.
This is quite astonishing. Meanwhile, the market is still sitting at an extreme valuation level…
I will simply point out a rather stark contrast. When we were calling for a major market bottom in October of 2022 and projecting a new all time high for the indices, no one, and I mean no one, had that kind of an outlook. If anything, most of the big banks that today call for the SPX 6,000+ were, at the time, calling for an all out market crash.
Today, the situation is reversed. That is why proper mathematical analysis is needed. The same calculations that clearly indicate what will happen next. If you would like to find out what the stock market will do next, in both price and time, please Click Here.
