S&P 500 records and the “melt-up” gamble
The S&P 500 climbed 45.65 points today to finish at a record 7,519.12… Nasdaq composite hit its own record, jumping 312.21 points on massive tech sector momentum… Bespoke Investment Group notes this is the strongest eight-week winning streak since 1952… Ed Yardeni just hiked his year-end price target to 8,250, signaling total confidence in earnings… …