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The Stock Market Tactically Rally on Bad News
The stock market tends to be forward looking. This is kind of why stocks can rally on what might seemingly be bad news because it ultimately knows that the worst may be over and or vice versa. It could sell off on good news because it's looking farther out than whatever the current environment is. And something happened this past week that's starting to tell me that the market could be near a bottom or we could see a fed pivot at some point in the next couple months where I'm not talking about next week or anything.