"Market Rally Fueled by Bullish Signals and Stress-Relieving Tips"

1 min read
Source: Markets Insider
"Market Rally Fueled by Bullish Signals and Stress-Relieving Tips"
Photo: Markets Insider
TL;DR Summary

Despite fears of a recession, the stock market is generating bullish signals, including a strong employment backdrop and consistently bearish investor sentiment. Carson Group's Ryan Detrick highlighted seven technical signals that indicate an upside surprise, including a strong January, staying above December lows, and back-to-back quarterly gains. Detrick believes these signals, combined with a solid employment backdrop, suggest a "bullish cocktail of a massive surprise rally on our hands."

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