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

YARDENI: “.. Earnings Are Blooming .. the Fed Put is back. With it comes increased risk of a stock market meltup. .. S&P 500 forward earnings are well correlated with actual earnings ..” - @yardeni pic.twitter.com/ml0LpM5DZd

CFRA: ".. with the S&P 500 closing back above its 50-day moving average, many wonder if the 22 calendar-day, 5.5% pullback from March 28 through April 19 has run its course. If so, history suggests a 6% gain above the prior high before slipping into another decline of 5% or…

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.