"Maximizing Returns: Navigating the Next Stock Pullback for Profit"

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Source: MarketWatch
"Maximizing Returns: Navigating the Next Stock Pullback for Profit"
Photo: MarketWatch
TL;DR Summary

Wall Street strategist Sam Stovall predicts that the S&P 500 could climb another 5% following its recent record close, based on historical market behavior after bear markets. Once the index has recovered from bear-market losses, it typically sees an additional 5% rise before a period of consolidation. The S&P 500 finished higher again on Monday, with the Dow Jones Industrial Average also reaching a record high.

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