Supply And Demand Is More Important Than Sentiment Or Valuation, But. . .
30 Jan 2017
In last month’s update just prior to Christmas, we put forth the evidence that market breadth was confirming the new highs in stock prices and that based on history, this portended higher prices in coming months. Nothing has taken place to change that view, as it continues to be reinforced. Since December 22, the S&P […]