April 21, 2016
By Peter Bower
Who would have thought a month and a half ago that the stock market today would be approaching new highs? At that time, negative forces seemed so overwhelming that markets were collapsing under their collective weight. So after such a big move, 40 positive days in the past month and a half, what can we expect?
It would not be unusual to have a pull back after such a run or at least a period of consolidation, (side-ways trading). However, really strong markets, ones that catch investors too cautious or looking for negative outcomes, keep going. They go higher and faster than most investors believe they will.
This market looks like that; stay steady my friends.
El Solo Toro
