Higher and Higher

It’s not just a feeling; it is real money. Last week, all three major domestic stock indices hit new record highs.  We keep referring to the strong internal action of the market and continue to see more of the same.

Money flows are positive, cyclical stocks are coming to the forefront of performance, and economic signs are improving.   

In fact, international growth seems to be on the verge of acceleration. This may be because central banks in most major markets are acting in concert to push higher growth.  The bet is that they will be successful.  The political picture is also clearing up and investors are more comfortable. Stay steady, my friends!

The Lonely Bull