Never seen anything quite this steep in stock indexes. This is sure getting risky....so high with no retracement.
Looks like a tiny blip on the scale of $trillions given away by the Fed, and businesses making so much money they don’t know where to put it. Can’t even invest in real estate because house prices are going higher even faster and are more overpriced. I wouldn’t even understand if the stocks didn’t go up. Are you happy with 0.1% that banks give you? And where is everyone supposed to put their money?
Not doubting that at all. RickShaws's log chart above gives a better visual of the price action at the lower prices.
7 day win streak & 4 S&P 500 leaders all mooning today. What are the odds SPY doesn't dip hard on Tuesday, if not, Wednesday then.
Over TWENTY YEAR TIMEFRAME MONYHLY! It shows NOTHING TRADEABLE! Remember, this is a guy who says he has been following he markets for 20 years, "knows" that it is a zero risk market because it is all rigged to the upside, but still uses stops! Now little-boy-blue is all scared because the market is all "parabolic", and "it cannot be good". He lacks vision.