Stocks Dip Back To Early November Lows But This Analyst Says Rally May Be Around The Corner

Stocks pulled back sharply in the session immediately after the Fed rate decision, with major averages settling at their lowest levels since early November.

What Happened: Carson Group chief market strategist Ryan Detrick, on Thursday, shared a graphic on Twitter showing Dec. 15 being historically an inflection point from which stocks begin to rally hard.

He said that “stocks tend to bottom in December” around the 15^th and then the “seasonally strong part of the month begins.”

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Stocks tend to bottom in December on the 15th, then the seasonally strong part of the month begins. pic.twitter.com/MtgW9H0k8M

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