Stocktake: Fall in early December may have signified end of unsustainable euphoria
‘Easy part’ of rally is over, but stocks still retain potential to maintain rising profile
Research shows in short-term market panics few stocks are spared
It may be that this is a late-cycle bull market that isn’t quite finished yet
Meanwhile, Merrill Lynch survey showing pessimism may be good news for contrarians
The Fed is expected to raise interest rates for the first time in nine years
Seasonal trends such as the Halloween indicator are part of market folklore – but are they reliable?
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