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Stockreport

The 'Trendiest' Rally In US Market History [zero hedge]

ALTABA INC (AABA)  More Company Research Source: zero hedge
US:NASDAQ Investor Relations: altaba.com
PDF Via Dana Lyons' Tumblr,Based on one metric, the stock market’s current uptrend is the strongest in history – by far.In our habitation within the investment-based social media realm, we have noticed a ongoing discussion between market observers related to the present stock rally. On the one hand, there is a loud chorus from folks (likely many of whom are frustrated non-participants in the rally) pointing out the unusual, and perhaps inorganic, nature of the incessant rally. On the other hand, you have the assured (condescending?) reminders from the other side (i.e., folks “killing it” at the moment) that an upward trajectory is the “normal” course of action for stocks, historically speaking. So which contingent is correct? They both are, to an extent.Yes, it has been far more typical for stocks to rise than fall over the past 100-plus years. Thus, we should not be surprised by a rally, even in the face of elevated valuations, sentiment, etc. However, an unwillingness to acknowledge the [Read more]

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