“Today’s market pivots from a funeral to a party as fast as a VFW hall.”
The Reformed Broker
JUNE 17, 2023
Please read this from Michael Santoli: Just as the depth of despond evident in investor-sentiment gauges around Labor Day was out of proportion to what the market and economy had been doing, the volume of cheer engendered by this four-week, 9% rally looks to be running at least a bit ahead of what has, after all, been a marginal upside exit from a long, grinding trading range.
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