Well, that was fast! So are the unshakable bulls back in charge, now?

For all the talk of easing trade fears or a dovish Fed, incremental increases in allocation are one technical reason for the breadth and speed of the rally

It’s the correction, corrected. The unshakable bull. Or the little sell-off that couldn’t.

The S&P 500 Index just posted a third consecutive week of gains -- the longest streak since August and the best performance since early 2016. And the resurgent equity gauge isn’t alone: Less than 10 days into the new trading year, a slew of major assets have combined to stage a comeback worthy of a Hollywood blockbuster. 

Pick your reason. The US-China trade talks were “serious” and “in-depth.” Jerome Powell checked his stock portfolio. The sun was shining. To a host of investors it probably matters little.