FYI: Stocks may be in the melt-up phase in this nine-year-old bull market, but whatever we call it, investors must always prepare for the worst.
And at the same time, they must also be ready for the best.
There is plenty for bulls to like right now. Market breadth is strong; there is no traditional chart resistance overhead; money continues to flow into stocks and exchange-traded funds; and markets around the world are strong, if not in all-time high territory.
Regards,
Ted
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