US stocks failed to make it nine in a row but I don’t think we can knock a 10% rally in just a few weeks. Our best guess is we now see the S&P500 pullback a few percent in a healthy correction of recent gains before enjoying another rally to new highs. MM is still bullish but we caution that the risk / reward for new buyers is diminishing slowly but surely.
No change, MM is bullish US stocks into Christmas
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