Taylor Dart

S&P 500: Explosive 1995 Bull Market Showing Similarities To 2016

The S&P 500 (NYSEARCA:SPY) had a strong week soaring over 2% higher and closing just 1 point shy of the psychological 2100 mark which the bears continue to cite as resistance. There have been several arguments this year for why not to trust this rally but as each argument becomes invalid, the bears continue to shrug them off and growl louder and louder. The first of the arguments was the small caps (NYSEARCA:IWM) were not leading (an apparent bearish tell), yet the small caps have gained 3.6% in April while the S&P 500 has paled in comparison gaining only 1.9%.

To read more, you’re welcome to follow this link to the Seeking Alpha article written by Mr. Dart