And the Money Keeps Rolling In
Last week we pointed out that money flows into the stock market had recently turned positive. These flows have now accelerated. Look for higher stock prices as a result. Obviously, events can derail any move, but right now; the trend is a friend. Another positive is that this advance is very broad. It includes many stocks from almost all sectors. It seems predictive of continued good times ahead.
The stocks of many companies that have been ignored by investors are now attracting attention. To some degree this is a catch-up move. Many of these stocks are categorized as value. This is a nice switch from the almost total growth focus of recent years. A broad rally like this one bodes well for the health and continued longevity of the bull market we have been enjoying since 2009. Stay steady my friends.
The Lonely Bull