For all the handwringing about the recent stock market gyrations, the U.S. market hasn’t budged much at all in 2014.
As of yesterday’s close, the S&P 500 is up 3.04% and the Dow Jones is down 1.1%.
With the S&P 500 nudging the mighty 200-day moving average from below, the “doom-and-gloom” crowd is out in full force, proclaiming that “the End is Nigh.”
While I think that makes for entertaining TV commentary, I disagree wholeheartedly.
Below are four reasons I expect the market to rally between now and the end of the year.
I. Lousy Market Sentiment
Unlike bell-bottoms or read more…