Here's When the Next Profitable Melt-Up Will Start
April 24, 2019 at 05:00 AM EDT
Yesterday morning, the S&P 500 cash index came within 0.86% of its Sept. 21, 2018, all-time high. The market has been on a wild tear for almost four straight months now, rocketing more than 24% off the low set on the first trading day after Christmas Eve. So the way forward to fresh all-time highs is free and clear... right? Well, not quite. The overwhelming strength of the market is precisely what will, for the time being, keep it from convincingly busting through the highs set seven months or so ago. It's not that there's anything mechanically wrong with the market or the economy; both are relatively strong. Instead, it's got everything to do with the psychology of the people, of the buyers and sellers who constitute the market. Understanding what's happening is the key to being in the right place (ready to make money) at the right time (when the market rockets higher again). Here's what's happening... Tags: Stocks To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2019 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Here's When the Next Profitable Melt-Up Will Start appeared first on Money Morning - We Make Investing Profitable .