Rarefied air up here very close to multi-year top IMO. Sure, we can grind higher for a few months .. but all you buyers, look at the trajectory of this weekly chart. Do you really think it can keep going straight up for much longer?
I was saying that back in July, but yet here we are. This is the "greater fool" theory playing out. I think we are right around the week of April 18 or Dec 27, 1999. Market should have started a healthy bear market in Jan, 2019, but the Fed figured out how to artificially stop a recession with money printing. Who new you could effectively print money to pay yourself (treasure bonds).