“The 12-day rocket”: S&P 500 swings from oversold to overbought

One of the fastest technical bounces in history leaves bears in the dust… Forward 12-month earnings growth hits 25% as “AI capex” ignores Gulf war… Morgan Stanley: “The market waits for no one once it decides to move”… Median company earnings join double-digit surge; small-caps finally catch a bid… https://www.morganstanley.com/insights/podcasts/thoughts-on-the-market/us-stock-market-remaining-bullish-mike-wilson

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