Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

CHART OF THE DAY: THE UNSTOPPABLE MARKET

CHART OF THE DAY: THE UNSTOPPABLE MARKET

Courtesy of The Pragmatic Capitalist

Lord help you if you’ve been short for the last 4 weeks.  Over this time period, stocks have risen on 85% of the days and the market has felt entirely invincible.  Small dips are quickly gobbled up by aggressive buyers.  I would argue that this has been the most impressive portion of the entire 70% move from the lows in March 2009.  Stocks have surged 8% (that’s a 96% annualized rate for those keeping track) in less than 4 weeks as the market has risen in 22 of the last 26 sessions.   Impressive might just be an understatement.

SPY1 CHART OF THE DAY: THE UNSTOPPABLE MARKET


Tags:

Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!