Market strategist: Stocks will hit new highs by fall

The recent stock market rebound has been fast and furious.

The S&P 500 is no longer in a bear market either. It’s 14% from its record high. And one market strategist has a bold prediction. Brett Ewing, chief market strategist at First Franklin Financial Services, says the blue chip index will continue rallying and hit a new all-time high of 3,500 before the presidential election.