Study: breadth is leading the stock market higher. A bullish sign.

I've noticed this recently and mentioned the number of busted patterns and the discretely bullish market activity that isn't showing through to the indexes (though it did in a big way on Thursday and Friday).

Saltynuts said:
Its going higher for sure.
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You think? Recent charts would be one heck of a prelude to a 5% drop on Monday. I'm back to running with the herd myself, but I have an exit strategy if I'm wrong. What's yours?

Being certain of market direction is a fancy of saying you haven't considered alternatives.
 
Who's gonna hold an S&P 500 buy-in at 300 and make a decent return over the next 5 years? More likely, you'll get a 50% retrace from that print.

Reality still is 94+mil able-bodied unemployed in the US with 21+ trillion in debt. Something has gotta give.
 
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SteveH said:
Who's gonna hold an S&P 500 buy-in at 300 and make a decent return over the next 5 years? More likely, you'll get a 50% retrace from that print.

Reality still is 94+mil able-bodied unemployed in the US with 21+ trillion in debt. Something has gotta give.
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I'm sure Trump has "Helicopter Ben" on speed dial just in case.

Besides, a "little" unemployment and debt hasn't stopped the stock market before...
 
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