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Market pros are so happy about stocks right now, you have to wonder if they’re too bullish

Market pros are so happy about stocks right now, you have to wonder if they’re too bullish

There’s no such adage about market technicians, but in the past six weeks it appears that the diehard group of technical analysts have all reached the same eventuality, one involving mostly good times ahead. Technicians are so happy that it highlights the big schism between the market’s fundamentals and the technical indicators. Fundamentals tend to look out longer term, while technical benchmarks tell a story lasting typically no more than six months, so it’s possible for both to be correct at the same time.