Let's use the chart of Fastly to examine the roles of price, trend, momentum, and volume.
The negative narrative never gained traction as Q2 closed out as the best quarter for the market since 1998.
The supposed reasons for the action of the indexes is not as important as you might think.
We're starting to see some first signs of major distribution on the S&P 500.
Defining what you are doing is the necessary first step before you can do even better.
The rebound didn't do much to comfort bears who were thinking that they may finally see some downside momentum.
A look at recent years' multiple expansion in three of the biggest name companies will point out that they're more expensive now than over the past 10 to 20 years.
Here's why this is a good time to consider taking some off the table and raising cash.
The key right now is to see if sellers can gain traction or if this is just another 'one and done' event.
We're hearing some of Wall Street's favorites tell us what's going to happen, but the only certainty to be found is in the past.