The Rally’s Relentless Bid Is “Unprecedented”

Jon Alternative Media, Blogosphere, Market Commentary

Via Dana Lyons’ Tumblr,
The persistence of the recent stock rally is nearly unprecedented in the past 50 years.
Perhaps the most impressive aspect to the stock market rally over the past several months has been its relentlessness. Much to the bears’ chagrin, it has felt as if the market is on a one-way ticket higher. If you have observed this reluctance on the part of stocks to go down, you are not imagining things. By some quantitative measures, the recent bid is among the most relentless the market has seen in the past half century.

This post was published at Zero Hedge on Oct 13, 2017.