The stock market rally has remained strong throughout 2023, and the historical rally in July held up. But as we enter was is historically a slow period in the stock market, will the 2023 stock market rally come to an end? While we might not see a US stock market crash, the latest stock market analysis shows that market volatility is increasing and a market drop might be on the way. That could mean that this bear market rally 2023 might end and the bear market 2023 could continue. Earnings could kill the stock market rally as stocks fail to continue to rise past their already lofty valuations as earnings expectations fall short.