As to the stock market, here’s the way I see it. The bull market is nearly 14 months old. That’s not ancient, but it is mature. And until the April high, it was characterized by an extremely cohesive, broad-based bull market. That’s good. It means the bull market is NOT over. But now the market has begun a correction phase, aided by an earnings season that is bringing good news to some shareholders and less good news to others. As a result, many stocks are still soaring to new highs … but others are falling out of their bullish...
