The cumulative Advance-Decline line just made a new high even though the S&P 500 hasn't made a new high. This is historically a bullish sign (both medium and long term) for the stock market. Breadth is making a bullish divergence. https://bullmarkets.co/study-breadth-is-leading-the-stock-market-higher-a-bullish-sign/
I've noticed this recently and mentioned the number of busted patterns and the discretely bullish market activity that isn't showing through to the indexes (though it did in a big way on Thursday and Friday). You think? Recent charts would be one heck of a prelude to a 5% drop on Monday. I'm back to running with the herd myself, but I have an exit strategy if I'm wrong. What's yours? Being certain of market direction is a fancy of saying you haven't considered alternatives.
Who's gonna hold an S&P 500 buy-in at 300 and make a decent return over the next 5 years? More likely, you'll get a 50% retrace from that print. Reality still is 94+mil able-bodied unemployed in the US with 21+ trillion in debt. Something has gotta give.
I'm sure Trump has "Helicopter Ben" on speed dial just in case. Besides, a "little" unemployment and debt hasn't stopped the stock market before...
%% You know something interesting ,related to that,usually SPY does much better than equal weight S&P 500 ETF