We Need To Tick One More Box To Unleash The Bulls -

We Need To Tick One More Box To Unleash The Bulls

Dec 03, 2024Jeremy ParkinsonFinance, No picture0

Image Source: UnsplashThe rubber’s not hitting the road right now. Stocks are still hanging around their all-time highs, while the Nasdaq has yet to register a new one in a couple of weeks. For a while now, I’ve been looking for a new high there to confirm the way’s clear for the bulls to run.In other words, a new all-time Nasdaq high is the final box we need to tick for the bulls to go all-in on the market. Otherwise, the Magnificent Seven are seeing solid inflowsElsewhere conditions are favorable for a move higher; the energy is still deflationary, as are bonds, while the dollar tries to regain its footing.Crypto is looking strong, too, as Bitcoin tries to hit that $100,000 mark.Here’s what you need to know…Video Length: 00:10:57More By This Author:Here’s The Final Warning For 2024 The Odds Of A Real Estate Renaissance Christmas Came Early For The Markets