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Analyst: S & P 500 could hit a new high above 6,100

Jonathan Krinsky, analyst at investment firm BTIG: US stocks may continue to rise until the end of the year, pushing the S & P 500 to a new high above 6,100. However, looking ahead to January, market volatility will reappear. If the S & P 500 does hit a new high, there will be a huge deviation in terms of breadth and momentum, which is another red flag as we enter January.