Bear Mountain Bull

It’s time again for a little BMB R&R, especially with the market behaving as bizarrely as it’s been. Maybe if we stop watching it start to behave a little better…

Posting will be very light and variable over the course of this week, but we’ll put up an open thread each market day for our readers to comment on the day’s market activity or to post any interesting links they might run across.

Check the space below for whatever the latest might be during this ‘off’ time, and please visit the various sites in the ‘Links’ and ‘Regular Stops’ for up-to-date market news and analysis.

BMB will be back in full swing by next weekend.

What? Is somebody trying to talk the market back down already?

“The Fed will continue to raise rates, whether it’s at every meeting or every other meeting. They are taking away the punch bowl,” said Peter Boockvar, equity strategist at Miller Tabak & Co.

Geez, we can’t let something as silly as economic policy get in the way of our fun. The rally’s just gettin’ started…

If you look at the charts for the indices this week — any of them — you’ll see that pretty much everything was up. Straight up. Expect there to be some pullbacks and consolidation in the not-too-distant future.

Not much different in the sector view. In this market, it was pretty hard not to make money. Here are the ’scores’ after two weeks of market rally, sorted by 8-week performance:

This article, while geared toward the trader, gives excellent advice for both traders and investors alike. Read it.

While you’re at it, and thinking along those lines, read BMB’s Investing Primer too.