Bull market for stocks.
Globe editors have posted this research report with permission of Phases & Cycles Inc. This should not be construed as an endorsement of the report's recommendations. For more on The Globe's disclaimers please read here. The following is excerpted from the report:
We expect that some selling pressure will continue but could soon exhaust itself and the bulls could re-assume clear control of the markets. A "spring fling" in the form of a "May upside surprise" – possibly in the midst of bad news – is exactly the outcome that will fool many market participants.
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Ron Meisels