So far 2013 has been anything but bearish.

market bubbleThe bulls have done nothing but push this market higher and higher. The fact that we started the year at 1426 and now we are more than 200 points higher on the S&P 500 so far is mind boggling. 

Despite the new milestones the market has reached this year, let’s look at what the market has NOT done so far in 2013

1. The S&P 500 has not seen a pullback in excess of 4.0% (the biggest pullback so far has been -3.8%).

2. The Dow Jones Industrial Average has yet to see three consecutive days of selling. 

3. Five months in, and the Dow, S&P and Nasdaq have yet to see one month of negative returns. 

4. No more than 3 Tuesdays this year have ended in negative territory. 

5. Short-term Stochastics Indicator has yet to dip below “20” in 2013 on the S&P 500.

mila  kunis investing6. Nor has it dipped below “20” on the the Dow.

7. Trading geniuses like Rachel Fox and Mila Kunis have yet to tell us their returns for 2013 or any year before that for that matter despite public appearances expressing their trading gravitas.. 

8. The Dow Jones Industrial Average has yet to trade, much less even test, the 50-day simple moving average. 

9. Only 35% of this year’s market sessions have finished lower. 

10. The Fed’s Short-term Interest rates has yet to rise above 0-0.25% in 2013 or in 2012…2011….2010,…2009. Since then the national debt has risen by 64% or from $10 trillion all the way up to over $16T on nearly zero percent interest rates. 

And if you were wondering why they heck this market keeps on rising, just focus in on #10… that is all you need to know in this market. 

ben bernanke smile

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