This under-the-radar market trend suggests new record highs through December
Even though stocks are trading around all-time highs, CFRA’s Sam Stovall thinks Wall Street isn’t bullish enough.
According to the firm’s chief investment strategist, an under-the-radar historical trend suggests the S&P 500 will continue to reach record levels through December. He credits a phenomenon that’s only happened 28 times since WWII.
Stovall highlighted the pattern in a chart on CNBC’s…
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