Submitted by Mark Hanna
Courtesy of MarketMontage. View original post here.
Probably the strongest market I’ve seen in a few years – the only similar move I can think of was the QE2 move of Sep 2010 thru Feb 2011. Nothing slows it down. It is a pretty exasperating experience to try to hedge anything. Everyone is a genius now; it’s a market to just buy anything and never sell, stop out (because it’s just going to bounce right back!), or hedge. I guess no 1% drops are going to be allowed.
If it were just me it would be one thing, but a lot of people I read or follow are in similar shaking head mode.
We’re now making a run at the 1355 high yesterday before Apple imploded.
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