Where the Fun fudge is the market going now...good question , I think we re so used to seeing pullbacks after sharp runs that we just assume its going to pull back..the optimism is huge. I don't think we get much pullback till we see the opposition in government. Unless they don't raise in dec...the dolla comes back a little as will small caps.But even that is temporary maybe pause soon. Just the thought of the President doing what he said is phenominal for markets...tax reform with repatriation, infrastructure package, bond liquidation into equities, regulation easing WHO GETS IN HIS WAY IS THE QUESTION and the markets perception accordingly. We haven't seen a down day since election trading russell 2k futures or sp 400 midcap futures and vol is low. My prediction is up till summer with a few dips
The elections are what is likely causing erratic movement. It happened in the stock market as well back in 1992
up up and away Toto...... its all about counterparty positions,.... 'its RIGGED DAMMIT'..... since trading on the street corner.. crooks... blowout counterparty positions even if its irrational... casinos..
without emotion.. without feeling.. without hate.. breath is just a clock,..ticking.. ticking.. Without Emotions - Combichrist