US equities have broken new historic highs for the Dow, sp'500, and NYSE Comp'. With the ECB cutting rates, along with a bond buying program, most world indexes are somewhat relieved. USD continues to build gains, +0.86%
sp'daily5
Summary
First...see
Probably one of my top ten movie scenes from my childhood.... but more on that later.. perhaps.
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Mr Market continues to climb.... and we've probably another 2% or so to go.
Equity bears need some patience.
I will look to short in FOMC/opex week...somewhere in the sp'2045/55 zone.
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11.30am.. chop chop... 2011 to 2007.... regardless...new highs....are new highs.
With the big jobs data tomorrow...still high threat of a weekly close in the 2020s.