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This big stock market engine that could is doing its best to climb the hill and get over the hump as the S&P 500 traded within 0.5% of its all-time high today. The end of the correction is nearly confirmed, but don’t get impatient here. Remember that the S&P 500 has been up for four days in a row and even had a bit of a problem trading and staying above 2,860 on Tuesday.
Looking for deeper insight on what to expect from the market if the S&P 500 takes out the January highs? In tonight’s Closer sent to Bespoke Institutional clients, we included a complete analysis of how the S&P 500 has performed following the end of similar droughts.
See today’s post-market Closer and everything else Bespoke publishes by starting a 14-day free trial to Bespoke Institutional today!