Wall Street ends higher for third straight session fueled by rate cut optimism. 📈 #StockMarket #WallStreet #RateCut www.zeebiz.com/markets/global-markets/news-us-stock-market-wall-street-closes-higher-for-third-session-on-rate-cut-optimism-288441

Reminder #861 that higher volatility isn't what you want to see if you are bullish. Yesterday was the first 3-day gain of more than 3% all yr for the S&P 500. For reference, 2022 saw this 26 times and stocks lost 20%. 2019 stocks were up 30% and it happened only 3 times.

The ISM Prices Paid Index reversal from below 45 to above 60 typically coincides with a rebound in the manufacturing sector, bolstering the stock market. pic.twitter.com/keQtKFQGno

After a brutal 2022, recovery in 2023, and a good start to 2024, optimism has returned among investors and has even spread more widely to general consumers in the U.S. Pretty much everyone is now aware of how strong stocks have been. Combining the three major surveys of investor… pic.twitter.com/Y17DGWnEau