Sell The Rumor, Buy The News: Market Set For A Rally Through Year End
By Skyler Greene:
Considering that the [S&P] 500 (SPY) just went through a 10% haircut, we would not have anticipated such a low sentiment reading. Like strategists, analysts, and investment gurus, individuals are watching too much TV, reading too many bearish headlines, and not paying attention to the charts, in our opinion.
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