Many industries that are lagging the S&P 500 in performance are rallying, a sign that the rally is broadening out. The rally is taking place not only in the U.S., but also in other parts of the world. Japan’s market has made new all-time highs after a bear market that lasted over 30 years, and Europe is also breaking out to new all-time highs. For now, the Bull isn’t bucking as much as expected – it’s flat out running. With the end of the 1Q24 nearing, the likelihood is the market will maintain its rally.

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