Stock Market Rally Angles

Usually the steepest stock market rallies come after multi-year bear markets.  Most stocks  are discounted below their fair value in bear markets, at some point these bargains become irresistible to smart money traders/investors.  Even before an economic contraction ends, savvy traders/investors rush in to buy stocks – triggering sharp rallies.   The monthly S&P 500 (SPX)Continue reading “Stock Market Rally Angles”