3pm update - another lousy month for the bears

April is coming to a close, with just one trading hour left. The SP' has broken new historic highs this month, and the VIX remains in the low teens. QE-POMO continues each and every day, and despite genuine recessionary data, the market won't significantly fall. For the bears..April was just another month of failure.


sp'60min

sp'monthly

Summary

April with be the sixth consecutive monthly gain for the SP'500, and the 15'th monthly gain - of 19, since the market began a major wave higher in October'2011.
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For the bears, even the notion of falling 10% looks 'too far'. Even the decline of two weeks ago was a pitiful 4%.
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Bad day, bad month..and so far.....bad year.
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3.18pm..here is something for the remaining doomer bears out there..

Trans, monthly...first down candle since last Sept

Interesting..from the old leader
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3.40pm... AAPL closing the month....net flat, although its $59 above the recent low.