The market is GRINDING higher and steady as she goes approach.
There is not much news to play, toy or make the market nervous here, so bulls still have their way.
We literally got a wee bit away from new highs. And why are we not shocked. The reason is because we are in a BULL MARKET. While many other pundits are showing CRASH scenarios, tops, drops and everything in between, we are expecting to see more green this year. YES! next year might be a different story but for now, the bull market remains in 2014.
Every since the start of the rally in FEBRUARY there have been analysts moving trendlines, and calling tops, but here we are only points away from new high.
Do not be surprised to see SPX 1900 some time this year, maybe higher, but for now, we will just take it one day at a time. Happy Trading.
|market GRINDING higher|
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