On Tuesday of this week I was in the city for a few meetings, so I dropped by Fox Business to chat with my old pal Liz Claman.
Her and I have been doing this dance together for over a decade.
She’s one of the best in the business and we always have a great time.
Liz knows me well by now so there’s no gossiping about the Fed with me.
It was all about explaining how we’re already entering Month #8 of this ongoing Bull Market for stocks.
I talked about it on the same network with Maria Bartiromo back in October.
And all we’ve seen is every single sector, even the laggards, performing well.
The price charts are up and to the right.
More sectors are participating in this bull market. More and more countries have been joining the party.
Which stocks are still going down?
There aren’t any left.
Look at the performance of each sector since the market bottomed in June. We’ll look at it on an equally-weighted basis just so you can see how broad the strength has been.
And the funniest part is that people keep asking me when the market is going to bottom and when the bear market is going to end.
That was last summer. Where have you been?
Here’s my full conversation with Liz Claman on Tuesday:
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Source:
Jan 10, 2023: Stocks Ripping Despite Fed Fears (Fox Business)