An excerpt from this morning's Quick Takes Pro newsletter:
Everything is going right for the market now. Good news is good. Bad news is good. No news is good. And no bears are on television saying things are not what they seem. Perhaps they are what they seem but the lack of bears is very troubling for wall of worry watchers and anyone who believes the market will not accommodate such one-sided sentiment for long.
Yet as we say every single day, until the market shows an actual sign of reversing all we can do is acquiesce.