March 25, 2016
By Peter Bower
One important indicator for the health of the stock market is positive money flows. Not only are they positive, recently ninety percent of the S&P 500 stocks were showing inflows. That is an impressive reading and we believe portents well for further advances. This indicator, along with positive vital signs from the economy, adds to our conviction that the market is in the midst of a major recovery.
The recent terror attacks in Brussels barely slowed this stock market. That is another sign of health for this advance. After nearly a year and a half of the stock market being stuck in a trading range or in a correction, it is thrilling to see these signs.
This is what we have being waiting for; stay steady, my friends.
The Lonely Bull
