We are currently at 4k on s&p. Market has rallied 10% on back of lower than expected cpi. I don't have a crystal ball I'm just trying to understand the market. IF we get a lower than expected cpi report next month as well, I don't see a reason why market couldn't rally another 10%. So 4400 on s&p seems quite possible by December or January. If however we get higher than expected cpi then obviously we aren't going to 4400. What are your thoughts?
Leave a Reply