Stocks: Just A Little Rest

Every great story on the planet happened when someone decided not to give up, but kept going no matter what.” ? Spryte Loriano

A little correction is fine as stocks need to rest.

They cannot sprint or run everyday without burning out so this slow jog, and rest, is great action which will allow this uptrend to continue to be sustainable.

Dip buying looks to still be the strategy to employ.

I, nor anyone has any real idea how long this bull market will last but I see at least 2 more years when I look into past bull markets and their behaviour but I can always be wrong, it’s just staying wrong that stings, so I don’t.

Tonights letter is out before the markets close so the charts are midday.

A nice quick gap fill now has SPY poised to turn back higher.

Low volume on this pullback is telling me it is just that.