I personally ignore the bears. They are wrong 85% of the time. They have problems with life because they are always pessimistic about most things.
The current bull market is extremely robust:
75% of stocks in three of four major cyclical sectors are above their 200-day moving averages.
Since 1953, this signal has consistently preceded strong S&P 500 gains over the next 12 months.
While large-cap tech stocks lead, small caps are gaining ground.
Broad market participation has historically been a key sign of a sustainable rally. Momentum remains exceptionally strong.
