The stock market just avoided an 'earnings apocalypse,' paving the way for a year-end rally

• The stock market has avoided an "earnings apocalypse" following third-quarter results, according to BMO.
• BMO's Brian Belski highlighted three factors that should help stocks climb the "wall of worry" into year-end.
• "We continue to view this as a bull market and that the path of least resistance is higher stock prices," Belski said.

The stock market just avoided an "earnings apocalypse" following third-quarter results, and that should set the stage for more gains heading into year-end.

That's according to BMO chief investment strategist Brian Belski, who said in a recent note that despite the ongoing rally in stocks, there's still a lot of pessimism among investors.