The way things are panning out in the markets, the bulls are steadily gaining control. Yes, we will see small phases of correction, like the one sparked by what happened to the Nasdaq. But the overall bias is expected to remain bullish. The likely difference this time is that the market may be more stock- or even sector-specific. Also, if one looks at the macro picture – which impacts stock prices – it is mostly positive. So, bullish, cautious and selective are the three words you need to use at the same time.
