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Reply with quote  #1 
Partial from this weekend's Weekly Breadth Data review:
For some additional historical perspective, the Dow Industrials has now been up for 7 out of the last 8 weeks, and since the Presidential election 14 months ago, the Dow has been up 44 out of 62 weeks (71% of the time) for a total nominal gain of 7,800 points or 43% (or an average of +3.07% per month)! It should also be duly noted that there hasn't been a streak of more than 2 consecutive weekly down closes since that time!

I guess this is what "melt ups" look like.


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