Trillions Waiting to Fuel the Next Rally

It’s Ross Givens here, with Chart of the Day. Six weeks of consecutive wins for the S&P 500, breaking through the 4,600 resistance, and a robust 74% of stocks trading above their 50-day moving average signal a thriving market. Notably, Bitcoin’s strong gains and breakout from consolidation further emphasize a shifting market mood towards ‘risk on.’ As someone who simply follows the market’s cues for opportunities, the current climate decidedly leans against bearish sentiments.

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