Is DAX30 getting ready to rip higher?

I’ve expressed my bullish bias in the stock market with my past few posts. Please read in my last post my observations that’s so interesting to see the eagerness to be bearish and pessimistic and with calling the market top. So I think there is no need to bore you with this again and let’s go straight into the charts.

My main question today is, can DAX30 rip higher into everyone’s face in the next couple of months? Take a look at the weekly chart of DAX. Read More

Why are you so pessimistic?

There is so much pessimism in the market right now and it’s so hard to escape from it. It feels that if one is not bearish, then he must be missing something or he is just a blind bull. I know, there are problems in the world. But was there a time when everything was rosy?

Anyway, today I would like to write a post around a tweet of mine that brought quite a lot of attention. I wrote about the same topic on June the 3rd [1] and now I would like to add few thoughts to challenge you by asking what if we are in the first stage of a multi decade long bull market, similar to the ones that started in early 50s or 80s? Read More