Top market researcher Ed Yardeni says the market bottom is in

• S&P 500's pullback bottomed on Monday, just shy of a 10% correction, supported by Tuesday's rally and a drop in bearish sentiment.
• President Trump's actions and rescheduled trips suggest the administration plans to end the conflict with Iran soon, removing a major market overhang.
• If the conflict ends in 2-3 weeks, the economy and corporate earnings should continue to grow, with the US oil industry benefiting from elevated oil prices.
• Tech stocks are now relatively cheap, and Yardeni believes the sector's comeback has legs.

Ed Yardeni believes the market bottom is in, citing the S&P 500's recent pullback and President Trump's signals for a swift end to the conflict with Iran. He expects the economy and corporate earnings to continue growing, and sees a comeback for the tech sector.