Bear market rally?
Bull Bannister myth busting the bears
Bannister repeats 4,300 S&P 500 already in Q2. "The bearish chorus of Wall Street strategists continues to fight the S&P 500 rally since the intra-day low (3,491.58) Oct-13, 2022, with those strategists flip-flopping from calling an imminent recession (caused by the Fed) to no recession (so, the Fed must cause one). Some say it is a “bull trap” but that misses major trades in a range-bound decade-long channel. They can call it a bear market rally, a bear trap or call it a banana...we are not ignoring potential 6-month 10-15% rallies." (Bannister, Stifel)