Markets near record highs? Why volatility is normal — and where the smart money is heading

Here’s an old market saying that we like to quote often: Even when the bulls are in control, you can never write off the bears. Why? Because profit-booking is an integral part of the market, and it will happen at regular intervals, sometimes in the form of volatile corrections. At this point, the bias is toward the bulls. And this bias may become more pronounced in the near future. But it does not mean that you should be reckless

Markets near record highs? Why volatility is normal — and where the smart money is heading
Here’s an old market saying that we like to quote often: Even when the bulls are in control, you can never write off the bears. Why? Because profit-booking is an integral part of the market, and it will happen at regular intervals, sometimes in the form of volatile corrections. At this point, the bias is toward the bulls. And this bias may become more pronounced in the near future. But it does not mean that you should be reckless