Just another bear market rally is all it is. Take this rally with a grain of salt because if we can move up 1500 points in 2 weeks we can easily move 2000 in a few days, this is an opportunity to sell instead of buy, fools are buying the market now the wise ones are selling, I did just that, let go a few longs I added when the DOW was under 8500 and finally sold them today adding QID and SKF to the mix.
There is absolutely no catalyst for this market, all this buying will lead to just quicker selling when it does turn around, up 300 can easily lead to a down 500 day, we have seen plenty of these days where the bulls come out and rejoice only to see the bear make his way back to greedstreet.
After the election is over the markets will most likey give up these gains and then some, sell the rallies....