March 17, 2016
By Peter Bower
Volatility and increasing stock market valuations are offsets or inversely correlated to each other. Since the stock market correction bottom on or about February 11 of this year, volatility has declined and stock prices have increased. Volatility still seems well contained. In the meantime, money flows into stocks are at 52 week highs.
In fact, it is at one of the most positive readings we have seen in a long time.
There are still many things to worry about; there always are. Great stock market rallies are often described as climbing a wall of worry; that certainly applies here. So as many investors focus on negatives, others take advantage of good values. It’s classic investing protocol. This market has much further to go. Stay steady, my friends.
The Lonely Bull
