The Dow industrials average hasn't seen a 2 percent correction in more than 130 sessions, the longest run since 1954, and it has gone 53 months without a 10 percent correction for only the second time in history, according to Ned Davis Research. There has been not been a 2 percent drop in the S&P 500 in more than 930 sessions, the longest stretch ever without that kind of pullback, according to Birinyi Associates.
Must mean it has been really easy to make money over that time by just buying, buying and buying. The trend is YOUR friend!
No where else to put money, what else can it do? If you took every dime out of your accounts right now, where's it going to go? Into 4% CD's or under your mattress? Or maybe you should buy a depreciating piece of property? This is the 3rd year of a lame duck President. There is no recession (per the Fed). Every single stock market world wide is making new highs... who's going to buy those? They're going to buy the cheap one, where there's still hope of making money (ours). What I don't understand is what the bears are doing. Where did Bluestreak go? It's depressing to come here and not see all the top calls and the sky is falling notes.