By: Michael J. Carr of Street Authroity
The SP 500 has now closed higher seven weeks in a row. We need to consider the possibility that we are at the start of another bull market.
Stocks Are Bullish, but Not Bubbly
After gaining 0.42% last week, SPDR SP 500 (NYSE: SPY) is now up seven weeks in a row. While that gain may seem small, it is actually more than three times larger than the typical one-week gain in SPY. Since January 2001, the ETF has delivered an average one-week gain of 0.12%. Continue reading "Is This a Bubble About to Pop or a New Bull Market?"