Will The Perma-Bears Ever Learn? [Seeking Alpha]
ProShares Equities for Rising Rates ETF (EQRR)
US:NASDAQ Investor Relations:
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Source: Seeking Alpha
Summary After a violent up move in 2016, we've seen a relatively subdued 2017, with the market up just 10% this year. One would think the perma-bears might have changed their tune, but when all the bears have are hammers, all they're able to see are nails. Never mind the fact that the market continues to make new all-time highs that are being confirmed by the NYSE Advance/Decline Line, or that small caps are trying to emerge out of a multi-month base to new highs. The market remains bullish on all time frames, and during years when the market has been up in January and February (like this year), the market has finished the year positive 27 of 27 times. There is absolutely no reason to be short this market, but the perma-bears seem to have infinite indicators to help conform to their thesis. (Source: Author's Photo) This week we were treated to yet another bearish article titled " Death Knell For The Bulls? ". The same author that wrote this article has been bearis
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