S&P uptrend continues as the market cheers strong earnings
Last week, the bulls finally gained the conviction needed for a breakout. Fueled by strong banking earnings, the market has moved upward from its trading range, reaffirming the long-standing uptrend.
Both the short- and long-term outlooks remain bullish. More earnings reports are set to be released next week, but unless there are significant surprises, nothing is expected to change.
Both the short- and long-term outlooks remain bullish. More earnings reports are set to be released next week, but unless there are significant surprises, nothing is expected to change.
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