The S&P 500 extended its recovery on Friday, adding to Thursday’s solid bounce following an intense two-day stock market correction. The bullish price action prompted many traders to predict that the market’s bellwether index had already bottomed out. These traders are not alone in their optimistic outlook. Fundstrat co-founder Thomas Lee remains mighty bullish on […]
The post Weak US Economy Flashes ‘Risk On’ Signal for Stock Market Bulls appeared first on CCN.com
Source: https://www.ccn.com/weak-us-economy-flashes-risk-on-signal-for-stock-market-bulls/