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Keyword: stsckmarket

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  • Wall Street’s chart gurus say we’re at the dawn of a new bull market

    12/19/2016 3:11:10 AM PST · by expat_panama · 7 replies
    Yahoo Finance ^ | December 16, 2016 | Myles Udland
    If you’re looking for reasons to be bullish on stocks, check out the technicals. In a note to clients out Thursday, Stephen Suttmeier, a technical research analyst at Bank of America Merrill Lynch, outlined the case for why stocks look set to begin a “1950s-style” secular bull market. And for those of you who don’t remember the 1950s bull market, it was a big one. View photos “Given the post-Brexit capitulation on ‘rates lower for longer’ and the seismic shift to ‘a rising rate environment,’ the current secular bulltrend best fits the 1950-1966 secular bull market,” Suttmeier writes. “The 1950s...