The SPX closed just under its high made last fall. We’re liking the broad market participation. We expect a new high to be made with the Dow and Naz following suit.
More rationally, we expect more upside as long as the evidence we collect remains bullish. Anything can change. Always be ready to change.
Recent buys in SSYS and DDD are experiencing some heavy selling. Don’t take this lightly. Volume like this often precludes pullbacks and corrections. That’s why we shed half positions while setting a stop loss for the remainder at break even.