Stock Market’s Win Streak Rolls On: Fueled by Strong Earnings Growth
- Will Allen
- May 1
- 1 min read
The stock market surge continues, powered by stronger-than-expected quarterly earnings reports from top companies. This impressive rally marks a significant reversal from the extreme pessimism we discussed in previous updates. We examine the latest job market data and analyze first quarter GDP, looking beyond the headline figure to reveal the underlying strength in consumer spending and business investment. We also explore what the Zweig Breath Thrust indicator suggests about future market performance. This rarely triggered technical signal has a perfect historical track record of predicting higher stock prices one year later. Discover what these key economic and market indicators could mean for your investment strategy going forward.
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