Danger above, behind, from the side and yet here we go; what a ride! Week after week, the stock market is making new highs. The economy keeps chugging along, companies’ earnings are improving and dire predictions just haven’t panned out. Optimism begets optimism, jobs create more jobs and the economy advances.

Yes there are problems; there always are. However, in general things are pretty good. We are not surprised to see this market breaking out to the upside. We predicted it some time ago and we now anticipate more to come.

Internal technical indicators to the market have remained remarkably strong. These have been our guide.

Stay stead, my friends.

The Lonely Bull