Bulls have been waiting for years just for this moment…these possible historic breakouts…I am giving every benefit of the doubt to G&S…maybe a stock crash could halt the rally…maybe…then there are the “high rsi worrywarts” that should soon appear…good luck to all….DYOD JMO etc etc
As for the stock mkt…why is the 10 yr up 6/64ths…not much…true…but why up at all?
From Sentiment Trader yesterday:
The Nasdaq is up more than 2% to a 52-week high. Fewer than 53% of stocks on that index are rising today. This last happened in February 2000. Of the 7 dates in its history, 6 of them were in 1999-2000.