Put On Your Ponchos

The U.S. market is surging this month, and that's welcome, of course, to anyone long the market. I'm among those players, as I run two long-only strategies that are generally fully invested, one being the dividend-capture strategy with which you all are familiar -- so do keep in mind I really do want to see the U.S. markets higher this year.

Having said that, I'm trying to figure out if I'm on the same planet as are the investors bidding the S&P 500 higher. On the margin, the U.S. economy is looking a bit better. Housing is no longer a drag (but neither is it contributing), manufacturing is doing OK and labor still suffering but at a "declining rate." What's not to like?...734 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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