SPX Rally Before Deep Correction
The S&P 500 is expected to reach around SPX4500 before a multi-month deep correction begins.
Too little corroboration in the last 3 days to call a trend (3 articles). Watching for it to gain traction.
"The long term stock market trend continues to be higher, with potential for [Fear of Missing Out] driven overshoot. SPX 9,000 attainable in next 12 months"
"Thus, my call is that the S&P 500 may ignore P/E ratios and other traditional metrics and rise to my 10,000 target sometime in 2026."
"The S&P 500 jumped 1.2% and was on track for its best day in five weeks."
"JPMorgan expects the S&P 500 to reach 7,500 in 2026, with a potential surge past 8,000 if the Fed keeps cutting rates."
"Sam Stovall, chief investment strategist at CFRA Research, said in a Monday note that if the S&P 500 eclipses a new record high, it will officially end the correction."
""At current levels, the equity market appears oversold in our view with uncertainty at levels investors find hard to embrace.""
"The S&P 500 is now down roughly 6% from its record, and that drop has left the market looking less expensive than before."
"The S&P 500 is now down roughly 6% from its record, and that drop has left the market looking less expensive than before."
"The S&P 500 is now down roughly 6% from its record, and that drop has left the market looking less expensive than before."
"The S&P 500 is now down roughly 6% from its record, and that drop has left the market looking less expensive than before."