North Korea's nuke test was a non-event in the stock market but, when the bond market re-opens tomorrow, we'll get flight to quality buying of treasuries from Japan and others. Lower rates - more support for stocks, earnings are likely to look good...the Fed making equity-friendly comments.... Stay long the financials and other leaders. Downticks have been declared illegal.
Blah, blah, blah. Only one thing worse than permabars: permabulls. At least permabears strike my sentimental sie.
I'm a permabull because I said the market's going up tomorrow? How about engaging in some kind of logical argument. If you have a logical counter to what I've said, I'd like to hear it.
Oh, you meant "tomorrow" literally, I apologize, DF. I thought you were speaking of the metaphorical kind.
Yeah, just tomorrow, but I'll be interested to see if further upside momentum is created tomorrow. I think the market is nuts right now - it's been going straight up for months - but I'm very reluctant to short anything with the momentum that's in place.
i like it, keep the polls coming..... next downtick April 15th 2016 until then go long the entire market.