Well, I guess U.S. stocks didn't get the memo.  All the chatter about slow downs and potential recessions and here we are in a bull market for stocks.

Go figure.

The S&P 500 is up 15% this year and more than 20% from the bear market low back in October.


## Am I the only one that missed it?
 https://images.hive.blog/DQmZAAftNT3ePwKe3QF7qyKS1iLhD5vKXPVDeD3FEmmKuHF/image.png 

Looking at the chart above you can see the descending channel the market was stuck in.

Then we got the breakout in January and to make it clean and confirmed; the market came back to test the topside of that trend and rallied right off it.

At that point we should have been long.

Its anyone's guess where we go from here as the market seems not to believe the FED will raise rates anymore even though they said they will twice.  Or maybe that is already priced in, who knows.

Happy I bought up a chunk of Tesla stock back in December, didn't miss the move entirely.

Posted Using [LeoFinance Alpha](https://leofinance.io/@scaredycatguide/while-everyone-waits-for-recession-apparently-a-bull-market-happened)