Circus Bears of Consensus

There is nothing worse for the 2013 Perma-USA stock market bears than a no-volume ripper day like today.

 

Circus Bears of Consensus - cirbe

 

It’s now four up days in a row for US Stocks. The S&P 500 is just a hair away from its all-time closing high of 1,669.16. The Nasdaq posted its best close since October 2000. And to top it all off, the Russell 2000 just notched a third consecutive all-time high.

 

In case you missed it this morning, here's a #timestamped look at how off-the-mark the #OldWall consensus bear has been. 

 

Circus Bears of Consensus - Chart of the Day