3pm update - another day of new highs

Regardless of the exact close, it has been another day for the equity bulls. Not only was it the third consecutive daily new high for the Dow (17937), but the sp'500 broke a new high (2077). It remains unquestionably.. an increasingly twisted and bizarre market.


Dow, daily

sp'60min

Summary

*I'm not in the best of moods today, perhaps the fact that the weather outside, looks like a scene from a horror movie... yeah... that is not helping.
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So.. two new index highs. No doubt some will be highlighting the R2K as a '... see.. it has not yet broken a new high!.. it did NOT confirm... omg!

Seriously... how can anyone still have the audacity to call for significant weakness.

The Japanese.. along with other central banks are buying EVERY day. Hell, even the maniacs on Zerohedge were making some fine comments on that issue just yesterday, when it was revealed the CME will be continuing their 'special offer' to the central banks.
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Notable weakness.. energy stocks.... but more on that... on my 'fair value' page, after the close.