This market is going through a total meltup...2900 is a piece of cake.....how about 3000 this week!!! 6000+ s$p by December....the meltup will be the biggest mankind has ever witnessed!!!!
So no ryhme or reasoning...just a complete 180 and there goes the market..
Markets could suddenly turn and they don't even need a trigger, Nobel-winning economist Shiller says
"People ask 'well what will trigger it (a market correction)?' But it doesn't need a trigger, it's the dynamics of bubbles inherently makes them come to an end eventually," he said
Shiller, who won the Nobel Prize for Economics in 2013 for his work on asset prices and inefficient markets, said that markets could "absolutely suddenly turn"