"This market, as a whole, is starting to suggest that this rally has more legs and sustainability than people might think," Paulsen says in the attached video. "You're seeing more and more underlying characteristics aligning with a real rally."
Such as?
The steady (and not so slow) migration out of Treasuries, Paulsen says. "Finally you're seeing people leave the bond market for the stock market to some extent," he points out, citing the move in the 10-year yield (^TNX) to 1.85% from 1.40% in very short order. That matters, he says because it suggests that "even the bond players are aligning for a little stronger economy, a little greater rally."