Exclusive Strategies

There is an old saying designed to help us avoid being fooled into believing that something is anything other than it really is. Maybe you are familiar with that saying, it goes like this...

“If it walks like a duck, quacks like a duck, looks like a duck, it must be a duck” 

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I think that this saying can also apply to a Bull too, or even when it comes to a Bull Market run.  Whether it is short term or longer term,  a Bull Run should be treated as one until it no longer looks like one. Another helpful saying in this regard has been , "Never short a Bull market".  Let's discuss a number of Bull Markets on the run here...

 

SPX - Well nothing has changed here and this is a weekly chart. This is a bull market and anyone trying to short this has been trampled down.

SPX - I have recommended just using a trailing stop to be able to continue riding this Bull ( UPRO, UDOW, TQQQ, ETC), and with these shallow sideways pull backs, the ride continued to another week of new highs.

 

Let's take a look at the DJIA too...

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