Friday, 8 February 2013

3pm update - another week to close

Another higher high..another higher low. The broad trend remains relentlessly higher. Zero sign of a plateau, zero sign that this rally will end. Ever.


VIX, weekly

Three black fail candles for the VIX, sums it up for the bears.


A fearless market, a market that is seeking the greatest rally of all time.

Even AAPL is up $10..the big $500 will be in reach next week, and'll start to see them touting a challenge of the 700s again..and beyond.

Besides, if bonds have no yield..and the Fed is going to print, why would you NOT be in equties?

back after the close