What a year it’s been. I hope you’re doing well, both health-wise and wealth-wise. This is the first time I’ve written my market thoughts on this blog since August 2019, so thank you if you’ve been following me since I stopped writing here a year ago. Now let’s dive into the markets. It doesn’t matter if it’s a white cat or a black cat. If it’s a cat that catches mice, it’s a good cat. There is a battle raging between bulls and bears right now. Most bears are arguing their outlook by pointing at high sentiment, rich valuations, record-shattering options buying, and a lack of insider buying. Moreover, many bears think that a “real” correction is long overdue.