Good Monday morning. We’ve now had 13 straight days with gains in Nasdaq and the Semis, with all 13 trading days featuring strong smart money hours. This is textbook bull market action. During the course of this "Iran War correction", this has been our primary message, which we've shared often:

"We find that perspective helps. Every 13 months the markets have a 10% correction and going back to 1950, midterm election years have commonly seen a correction...followed by an average move higher over the next year of 38% (SPX). In addition, during the dot-com melt up of 1995-2000, a period most similar to this Innovation Revolution, the markets had 5 corrections of 10-20%, even as nasdaq was on its way to putting up gains of 575%. Again, 10% corrections are normal (even healthy), followed by a resumption of the primary trend. We remain highly bullish on this generational bull market. Once again, we are buying the dip.”

More Analytics That Matter: the strength of this move higher is fla...