Well, the correction that was underway last week appears to have been short-lived.
Stocks bounced hard this week, with the S&P up over 200 points.
We're at an important point technically, where the current momentum needs to continue to affirm the rally. If not, and we get a triple top, there's a decent chance stocks could then resume a downward slide.
Portfolio manager Lance Roberts and I discuss the odds, as well as the inflation and jobs data that came out this week, the approaching Fed rate cut(s), the importance of optimism to successful investing and Lance's firm's recent trades.
For everything that mattered to markets this week, watch this Market Recap.
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#inflation #jobs #bullmarket
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