Just over two months ago, the S&P 500 was at a breaking point.
After Keller's call, the S&P 500 rose nearly 6% in six weeks.
The S&P 500 was stuck in purgatory for weeks, barely budging from the 4,769 level at which it entered 2024.
David Keller, StockCharts.comExpect the S&P 500 to heat up heading into the summerDespite stocks' shaky near-term prospects, Keller believes their medium-term outlook is rosy.
In all likelihood, Keller said the S&P 500 will regain momentum after a near-term hiccup and push toward the 5,000 milestone in April, May, or June.
Persons:
David Keller, naysayers, Keller, it'll, StockCharts.com, that's
Organizations:
Business, Nvidia, Devices, AMD, VanEck Semiconductor
Locations:
StockCharts.com