Gotta love ZERO RISK in the SP500 = $$$

You said the SPX topped at 2400. Today is the first day since that it looks a little toppy to me, not that my opinion matters. I still like US markets this year but extreme short term I'd be wary.

And that was the biggest pullback all year from 2400 to 2318
 
As we near the session highs cry's CNBC....Guy taking lunch break on East coast, glances up at TV and smiles, as mayo oozes out of his sandwich.

Same thing over and over and over.
 
As we near the session highs cry's CNBC....Guy taking lunch break on East coast, glances up at TV and smiles, as mayo oozes out of his sandwich.

Same thing over and over and over.
Right now, you have funds coming in from Americans and also from overseas betting on Trump. The Hussein rally was not due to his policies, but was due to the Fed printing money and money coming back into the market that was taken out. It had nothing to do with anything fundamental. This move IS based upon fundamentals and folks are more comfortable now with the new(old) policies.
 
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I should point out that the S&P hit a high of 1576 prior to the 2007-2009 meltdown. Today we are @ 2846, so you can see that we have not even doubled in a decade. An argument can be made that this move is in it's infancy with all the new money coming in and that includes repatriation.
 
I should point out that the S&P hit a high of 1576 prior to the 2007-2009 meltdown. Today we are @ 2846, so you can see that we have not even doubled in a decade. An argument can be made that this move is in it's infancy with all the new money coming in and that includes repatriation.

You have to look at total returns. SPX has more than doubled during the time period you specified.
 
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