We are in a bull market
From Bloomberg:
This time, the S&P 500's push to a record high can last.
The relative-strength index shows the rally has yet to reach overbought levels.
The opposite was the case at the end of January. The market then was the most overdone since the
1960s, based on the RSI gauge. The selloff that followed sent shares crashing down 12% over two
weeks.
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