NYSE Trader: Never Short a Dull Market

NYSE trader Matthew Cheslock with Virtu Financial said a Wall Street adage "never short a dull market" applies to this week's trading action, which included fresh record highs in the S&P 500.
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NYSE trader Matthew Cheslock with Virtu Financial said a Wall Street adage "never short a dull market" applies to this week's trading action, which included fresh record highs in the S&P 500.

"Right now the next couple of days could be a dull market," Cheslock said, adding that there hasn't been any news to get in the way of the market's gains.

Adding to the bullishness in the market was Wednesday's upward revision to second quarter GDP.