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Stock Market Sees Face Ripping Rally as Earnings Kick Off

MRKT Matrix

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Is 4,000 a Quantum Leap From Here?

The idea that a counter-trend rally might get us back to 4,000 makes perfect sense to me but when you think about that August high guy mid-August though we rallied from what 36 30 to basically 43 30 I just don't. You would need so many things to come together the UK to kind of fix this little mini crisis that they have maybe a stop down in the war in Ukraine and earnings that are far worse or not nearly as bad as people expect here in the US. The other thing that we didn't mention is the potential for this Fed to sort of signal something ahead of the midterms.

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