"Courage is going from failure to failure without losing enthusiasm." -Winston Churchill
Stocks and markets continue to act great as the bull market rages on.
We are certainly due for some rest but not quite yet.
Biotech stocks are really picking up so I’m looking to perhaps switch up a few positions in the not too distant future.
All in all, we remain in a bull market.
SPDR S&P 500 (NYSE:SPY) may move into the gap and test the 237.50 breakout area but that would be fine, as long as it holds on a closing basis.
Once the rest/correction does come, I will welcome it.
It means the bull market has more to go, as I do believe we’ve got a couple more years to really accelerate higher before we see a big correction or bear market begin.