Perma-Bull Bob Doll: Don’t Chase the Rally

So, now everyone hates stocks, even the people whose very job definition is to be fully invested at all times. Bob Doll, perma-bull, Nuveen Investments, loves stocks, innately. He was programmed to tell you to buy them. He was trained, as a young lad, to run about the earth to tell people about stocks, their virtues, and to always trust their integrity.

But now he’s saying to buy dips and to avoid chasing the rally. This leads me to believe we are to go straight up, without pause or siesta.

At the very end there, when asked about financials, Bob couldn’t help himself but to suggest buying them.