We use sentiment to help put the behavior of the stock market into context.

When looking at markets, it's easy to see what stocks are doing. All you have to do is look.

But what are people thinking? That's what we want to know.

Despite any selling pressure in stocks over the past few weeks, the Nasdaq Inc continues to push to new 52-week highs, again.

This is a trend that has been in place.

The Capital Markets stocks, which are part of the Financials...

I love it when a group of people dislike a stock for reasons that have nothing to do with the stock itself.

In some cases it's because they don't like the CEO, or they don't like the politics of the players involved, or they think the stock is...

BlackRock just filed for a "Nasdaq Top 30" Stocks" ETF.

That's the top

This is the company that runs the iShares ETFs.

NOW is when they want to launch a vehicle for investors to buy ONLY the top 30 Nasdaq stocks?

Now...

In order to have a bear market, or a correction of any kind, the prices of stocks need to fall.

That's just math.

But you know what hasn't happened? We really haven't seen the new lows list blowing up at all.

You would think...

3 Things to keep in mind during times likes this:

1) For long-term investors, this is what you want. Many of us have long-term accounts, retirement stuff, kids college funds, etc. This sort of market action is great for those types of accounts...

What's driving stock prices?

Remember, over the short- to intermediate-term, stock prices don't move based on the fundamentals. They move up and down based on positioning, or in many cases, a lack of positioning.

When no one wanted...

The market hates it when bonds are making outsized moves.

It's less about when rates are rising or when rates are falling.

The bigger point here is that when interest rates are making very aggressive directional moves, that's what...

We've been here before.

It's been 24 years since we've been here. 

But this is familiar territory

We saw historic underperformance from Technology stocks immediately after the sector reached the same levels it just reached last...

This is where it all starts folks.

The story starts and ends with the Bond Market.

You may not like it. I know I certainly don't. But that's the world we've always lived in. And it's the world I would expect us to be in for a long long...

Does it feel like everything is working in this market?

Most things are.

And the strongest industry groups have already been making new all-time highs.

Look no further than Aerospace & Defense coming out of this multi-year...