Spooky end of the month for stocks? SA analyst sees a bull run into year-end

What happened

Seeking Alpha analyst Alex King said he expects a bull run in stocks into year-end, with conditions ripe for a rally. He noted Treasury yields and the dollar are falling, while high-risk assets like cryptocurrencies are holding up.

Confirmed

Global impact / market context

If yields and the dollar keep falling, stocks may become more attractive than bonds and cash, which could pull investor money back into equities. Bitcoin's relative steadiness may also signal that investors are still willing to hold riskier assets.

Analyst inference

Stocks have been selling off, led by semiconductors and artificial intelligence-related companies. King argues the Nasdaq's recent drop stayed above its 200-day moving average, which means a technical level traders watch for signs of trend strength.

Analyst inference

What to watch

1. Watch the 10-year Treasury yield at 4.93%, the 2-year at 4.59% and the 30-year at 5.31%. Further declines in these yields could support the case for a stock rally. Confirmed
2. Watch whether King's proposed year-end bull run actually happens. Track whether the S&P 500 and Nasdaq recover from the selloff or keep falling, which would challenge his call. Proposed
3. Watch Bitcoin around $76,850, down 7.6% over the past month. If it keeps holding up during stress, that may suggest investors remain willing to take risk. Analyst inference

Affected assets

• BTC — Bitcoin

Evidence

• seekingalpha.com