US stocks now look very likely to make fresh 2022 lows this week but we still believe the market is “looking for a low” and brave buyers will be rewarded through Q4 – we wrote a few times last week that the S&P500 was dragging the chain on the recovery front and new lows shouldn’t be dismissed and alas the observations look on point:
- After the pullback over the last 6 weeks MM remains bullish US stocks ultimately looking for a test of their Augusts highs into Christmas.
MM remains bullish US equities into Christmas
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