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The current rally is just a wee bit over eight years, six months old. Any way you slice it, it's an incredible, though still not unprecedented, run since the Dow's low of 6,469.95 on March 6, 2009.
Now that the bull has reached a ripe old age, more and more talking heads are calling for its end on the basis of its "advanced" age alone.
I'll be blunt: Changing your bullish bias and acting on the assumption that the simple passage of time is enough to halt the rally is likely to cost you money – and plenty of it.
I can say that with confidence (and trade likewise) because, over my 31 years in the markets, I've learned exactly what ignites, what perpetuates, and, of course, what kills, a bull market.
I don't really see anything that suggests this one is spent…
Don't Miss Out on Massive Upside
Bull markets can last longer – a lot longer – than technical or fundamental data would seem to predict. And getting out of the market before prices tell you unequivocally "we've made the top" is hazardous to your wealth.
About the Author
Nationally recognized technical trader. Background in engineering, system designs, and risk reduction. 26 years in the markets.
I'm confused by your comments on AMD: are you saying you recommended selling to lock in gains or holding to ride out the drop?
Hi! So! What I am gathering from this article is that. Powerful people like Trump and The Fed that have such an influence on the market. Can basically get a phone csll from a friend thats targeted a investment but does not want to pay the going rate at the moment. So! Trump chirps about anything he decides. Forces the markets to drop. Friend buts in. Days later. He's made money. Wow.
Plus Kim himself is nothing more than a 5 year old who's still seeking attention as his parents ignored him in his adalecent days. Crested a angry mentality and now is taking it out on the world. Nice. Why doesn't somebody put him over his knee and spank him till his butt goes red.
I'd say. His ties are deeper or the UN is waiting for him to tire himself like a cranky toddler would.
Amazes me. A world leader dictating and controlling and convincing the minds of those weakened by his relentlessness.
I don't understand why everybody is not just going home and ignore the fool. Better results I guarantee if you ignore him and allow him create within the means to finally get the shot needed to put him back in the box that's waiting for him.
Provoking him. Feeds his void of mattering to the world. Good or bad. Loves the attention to much. Ignore him and walk away. He will set something off a little stronger in the ocean. Oh well. He damn well knows that if he sent a actual nuke out with a real destination. Then it's obvious he is suicidal. This is not the case.
Someone send him a soother. Bottom line. There's greater reason behind every action but honestly. I am not buying this facade anymore. This game of chess is a diversion for a greater truth unspoken amongst secret governments and agendas from the silent answers unheard.
Plus. The world has targeted U.S. currency and Trunp is president. Hilarys still working underground to destroy Trump and Obamas destruction of America is showing its face. Why would you not think otherwise.
Both the technicals and fundamentals say we have a great run ahead of us. And if you sit out on the sidelines, you'll weep in sorrow as you see others continue to cash in.
I think that just like the majority of experts you are one of them who does not really know exactly what is going on. IF you knoew you would be beating the market by at least 3 to 4 times, which is not the case.
Lets see your actual overall performance of your portfolio since 2009 bottom?
And also would be interesting to see your performance from 1990 bottom until 2009 bottom?