“This Bull market does not look overbought…”

#Investors #BullMarket #earnings #rally

$DIA $SPY $QQQ $RUTX $VXX

This Bull market does not look overbought in here” — Paul Ebeling

Analyst and investors see several parts of this market, including financials, leisure & hospitality stocks and energy with strong rally potential into Y 2021.

Investors looking for a continued rally are optimistic of a rebound in corporate earnings.

Earnings are going to be used as a confirmation of current pricing.

S&P 500 company earnings are forecast to increase about 23% in Y 2021 compared with Y 2020.

We expect last year’s laggards to join the rally in Y 2021 in a broader rally, with a strong showing by value stocks, shares of small caps and non-US listed stocks.

And growth companies with dominant and emerging business models that can continue to meet or exceed shareholder expectations will continue to participate.

Have a healthy Happy Holiday weekend, Keep the Faith!

#Bull Market#Bullish#DIA#earnings#energy#financials#growth#QQQ#rally#RUT#RUTX#small-caps#SPX#SPY#stocks#value#very bullish