Record Highs: Should You Chase The Rally?

Record Highs: Should You Chase The Rally? Authored by Lance Roberts via RealInvestmentAdvice.com, Pinned and Stretched There is nothing bearish about the tape, and the overall trend could not be much cleaner. The S&P 500 sits above every major moving average and above a rising 200-day line it has not closed beneath since April. That is a healthy, intact uptrend, and it deserves respect. The problem is not the direction, but the distance from the longer-term trend, which is more ...

By Tyler Durden