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The fact i have to explain this to you tells me a lot. A stock can go to zero. The indexes will not go to zero. Therefore being short indexes is not wise, he stated he is in a drawdown, so he's hurting. And the hurt may grow. Being long and stubborn in stock indexes will eventually bail you...

Being short stock indexes and staying short is very dangerous.

Boy this site is going down hill.

Oh look the stock index futures are up overnight...SHOCKER

Today's close. Can't wait to see the overnight gang go to work.. Tomorrow morning the financial media will be telling everyone.....LOOKS LIKE A HIGHER OPEN ON WALL STREET....blah blah blah same thing over and over.

Gasoline prices have dropped, but food and electricity that's powered by natural gas have not budged.

After the midterms, we will get a clearer picture.

Right! So are you cashing out your longs? Let me guess you're going to short? Please be more specific.

Midterms are approaching. That's most likely why we are rallying. The party currently in power control everything.

I'm sure there are a lot of traders who missed this and are waiting for a chance to get long. Each day they get more and more upset and will lash out in anger. Guess it makes them feel better.

Personally, I don't care. I'm long and will stay that way for now. If you're looking for someone to ring a bell or something that typically doesn't happen.

Does anyone think we could hit an all-time high by year-end?

We popped above resistance at 3912 on rising volume. Then a perfect retrace, and off we went.

This is the most overbought we've been in 2022.

What happened to everyone, There were lots of folks here screaming get out a few weeks back.

Just sitting here watching the indexes rise and rise.