The stock market keeps setting new highs in a rally no one saw coming

"I don't think you can blame people for being a bit cautious or skeptical," said Sam Stovall, chief investment strategist at CFRA Research. "If anything, earnings growth for this year has come down, and earnings expectations for next year have come down."

"You do wonder what is causing the market to go higher. One [factor] is that the lack of alternatives continues," Stovall said, citing the "TINA" belief that There Is No Alternative to U.S. stocks. On the other side, though, are strategists including Piper Jaffray's Craig Johnson, who has been one of Wall Street's biggest bulls for years and holds a 3,125 target for the S&P 500. Though directionally right about the market's moves, Johnson said "we weren't perfect all along" in terms of timing, and he understands the skepticism about valuation.

"There's worry that we are going to be disappointed by the trade issue, economic data and earnings," said Quincy Krosby, chief market strategist at Prudential Financial. "Nothing stays the same forever. We've started to see an easing in all of the above. It doesn't mean that's the perfect scenario for the market, but it is perfect enough to get volume and breadth beginning to pick up."that had shot up during the summer have been tamed.

Thats bcos market is a zero some game. Someone has to loose so some one else can make money. 95% has to loose so the 5% can become neo-rich.

Let go of your ego and be a follower of the trend... until the music stops. Then everybody out of the pool...

Not wesbury. Brian has been talking about market strength for a long time. Check out his tweets if you don't believe me.

Haha lol And I thought u guys knew what u were talking about

Huh? The markets have gone nowhere last 18 months, I expect a breakout DOW 30k in the coming months with the typical dips, there’s no logical reason for the markets to sell off at this juncture..

Strength?what strength?that shitty potus playing the mkts like a bi*ch and fueling more trouble for future.....literally effing USA left right....enjoy

Yes, but not everyone.

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