The summer correction in stocks may be over, according to some market observers. July is ending on a hopeful note for equities after the momentum trade experienced its biggest wipeout since 2000, as reported.

Investors are seeing more signs that the bottom is near, if not already in, according to reports.

The same source suggested that the market may be volatile for a few more months, but that it should pick up by the end of this year, reaching all-time highs by the end of next year or in 2028.