In many ways this has been an unprecedented bull market run; certainly one of the most obvious is the span of time. 

Rapid rotation has been a defining characteristic of the stock market this year, and it can at times be confusing and misleading; misleading being the key term here. 

Connecting the dots in yesterday’s trading: clearly the coronavirus siren was playing a role with the increasing cases weighing on investors. 

Several years ago some market strategists were proclaiming that the “Buy & Hold” strategy was essentially dead, but that has not been proven to be the case. 

From time to time I talk about the broad based market; we’re seeing a very balanced behavior among the major market indices this year. 

Daily headline news events continue to present distractions for investors and tempering the market. 

The feds policy of transparency is very important.  It removes uncertainties such as surprise announcements. 

Strong earning results for a number of the tech giants yesterday. 

Big earnings today after the close with Alphabet and Apple reporting. Dow at an all-time record high ahead of these earnings results. 

I would think that even the most casual market observer would be pretty impressed by last week’s market action.