Stocks are poised to push higher once pent-up demand for equities is freed to flow when Fed uncertainty is cleared.
The employee savings and investment system in corporate America serves as a money machine steadily flowing capital into investments.
The turn of the fiscal year for many institutional fund managers means these investors have clean performance slates just as many of their favorite stocks are on sale.
The best catalyst for a stock buying spree would be a turn in China, improvement in the U.S. energy sector or otherwise fueled robust U.S. economic growth.
Best catalysts being absent, the Federal Reserve is unlikely to raise interest rates next week. The clearance of risk and uncertainty should allow pent-up capital to flow freely into stocks.