Stocks Rally on Hopes of Fed Pivot and Strong Earnings as Investors Turn Bullish
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The S&P 500 and Nasdaq have bounced back recently amid hopes of a potential Fed pivot and decelerating inflation.
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Positive technical signals, including reclaiming the 200-day moving average, have fueled bullish market sentiment for year-end.
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Strong corporate earnings and historical data indicate the long-term stock market uptrend remains intact.
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Investor sentiment surveys show increased optimism and appetite for equities going into the end of 2022.
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Short interest data reveals investors have backed away from shorting mega-cap technology stocks fueling the recent rally.