The market must feel like Bill Murray’s character from Groundhog Day for shorts–Just pushing higher when it feels like it should come in day after day. That will certainly not last forever. But it can last much longer than seems possible. Still, trading around a strong market is valuable for avoiding the inevitable rotations and shakeouts.
I will have much, much more to say about that in my Weekly Strategy Session over the weekend. Check it out.
Have a great weekend, and enjoy the Super Bowl!