I have said for awhile will make new highs eventually and why long term have hedged open profit shorts. Obama wants to look like it was his doing with market will cause more over spending in economy so doesn't make him the worst President of all time. One more push up on weak volume and then collapse. When interest rates goes up, at some point real estate prices will come down, and 5-6 years I buy a farm with cash and all I need is a Mister Arnold to roam around, Oink Oink.
As clarification I would like to point out that by voting new highs by definition you are calling for no all time highs this year, thank you.
The following users voted that market would tank before new highs: Pom Zr1Trader recession2016 i960 SPT Sweet Bobby They got it wrong. Now the question left is just new highs or also all time highs, will report when it's appropriate. Looks like the minority was incorrect, contrary to popular belief that the herd is usually wrong.
Time to update this thread. The case for no new all time highs this year has gotten stronger, but too early to tell if those who voted for them are in the wrong. After the BREXIT event anything is possible, time will tell.