2022-05-06-market-conditions-A-6

@TheProfessor1970 rate hikes are priced in at .75 which runs counter to the FED’s statement, earning numbers have been stellar across the board – the driving fear of the bearish action has been that of a possible recession, however there has never been a recession where unemployment numbers are below the avg. and right now we are way below the average – all that is really needed is confidence in support for SPY before we go higher, but all conditions would point to a higher market.  Now, does that mean it will happen? Hell no – but you asked for a reason for going higher, so there you go ! 🙂