Bulls Keep On Running This very strong bull market continues as the major indices all hit fresh record highs last week for the first time since 1999! In the short term, the market is extended up here and due to pullback after a very strong 8-week ~10% rally. It is also bullish to see that…
Market Update:The market refuses to fall and the fact that it refuses to fall -illustrates how strong the bulls are right now. Pullbacks are lasting 24-48 hours which is very short. A market that can not pullback is one that wants to move higher from here. The big fundamental and bullish backdrop remains easy money…
Market Update: The market is very strong and the fact that it refuses to fall – even though it is “up in the trees” and very extended – illustrates how strong the bulls are right now. I continue to see a very strong great mini rotation occur beneath he surface as the big money continues to rotate from one…
Dear All: 1. There are 10 New Setups In This Week’s Report: 2. Recent Media: CNBC: Nasdaq, S&P Close At All-Time Highs; Dow Jumps 1% After Jobs Beat: Friday, August 05, 2016 Reuters: Wall Street Set To Open Little Changed After Bank of England Cuts Rates: Thursday, August 04, 2016 CNBC: Dow snaps 7-day losing streak; oil…