Bigworld, With the close today (4221), the current S+P 500 uptrend is re-confirmed to some extent by adding one more 'higher high' to the growing list since the Oct bottom. You may be right that this is merely a rally in a broader bear market (bear market trap), but time will tell.
Fwiw, I'm hoping we get some continued buoyancy next week, and more after the Fed meeting (June 13,14), hopefully leading into a summer rally for a while. But plenty of landmines out there so will see what happens.
Tough to plan too far ahead in this market. I'm going to try to hold with the 20% stock allocation (15% Core, 5% Flex) and see how much the profits build up before the temptation to grab them gets too strong :o) It's been a tough couple years, and not much to show for all the angst so far, but hopefully Mr Market will smile on investors for at least a few weeks :o)
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