The following charts illustrate that point. For example, the Dow 30 Index finally broke and closed above 20,000 today, while the S&P 500 Index remains on track to, potentially, achieve the 2400 level by the end of 2017 (as described in my post of December 1, 2016), and closed at an all-time high of 2298.37 today.
|Dow 30 Index Daily|
|S&P 500 Index Monthly|
As well, the SPX:VIX ratio also closed at an all-time high today, with the Momentum indicator confirming longer and short-term bullish sentiment in the SPX, as shown on the Monthly and Weekly timeframes (which I mentioned as something to monitor in my post of December 31, 2016).
|SPX:VIX Ratio Monthly|
|SPX:VIX Ratio Weekly|
The Nasdaq Composite Index and the Nasdaq 100 Index both closed at all-time highs today.
|Nasdaq Composite Index Daily|
|Nasdaq 100 Index Daily|
Even the World Market Index, after its latest and current rally produced another moving average Golden Cross formation in mid-January of this year, shows that foreign markets are also under such bullish influence.
|World Market Index Daily|
So, while a healthy divergence of pundit/investor viewpoints will, no doubt, continue, it may be wise to consider what the charts are portraying, as part of your "due diligence" trading/investing process. At the moment, momentum is favouring the bulls and will do so, until these charts prove otherwise.