Sell-side getting very "trading buy" bullish

Wilson is staying (trading) bullish

Mike Wilson stays bullish with a tight stop (his stop is at 3700). Regarding the most recent market developments he writes: "The bear market rally was severely test last week with the Fed's clear message that it's far from done and stronger than expected labor market data. However, when the dust settled at the end of the week it survived this onslaught only to face another one this week with inflation data due on Thursday and a mid term election that may present more uncertainty in the short term." He thinks the market survives again and sees the mid terms "providing the catalyst for lower bond yields and higher equity prices".