Look at it like this and maybe the US bull market is quite young?

So the s&p to 6500+ and Nasdaq to 23,000+ by the time everyone throws in the towel and takes profits....

I am not following...on average everyone is long. Why would anyone throw in the towel on a big rally?
 
As far as history goes this Bull is nothing special.

upload_2017-11-3_12-44-30.png
 
As far as history goes this Bull is nothing special.

...

It is special, because no time in the history of this country have we had a Trump-type dude with social media. This guy is a loose cannon, and we now have a loose cannon in a cabinet with the Twitter shit.

This is a new angle. Social media was NOTHING in 2008. There were no bloody iPhones (and other smartphones) saturating society in 2008, which is what everyone has now, ten years later.
 
It is special, because no time in the history of this country have we had a Trump-type dude with social media. This guy is a loose cannon, and we now have a loose cannon in a cabinet with the Twitter shit.

This is a new angle. Social media was NOTHING in 2008. There were no bloody iPhones (and other smartphones) saturating society in 2008, which is what everyone has now, ten years later.
Smart phones and social media are cause for bullishness. I'd suggest that government closely resembles the Clinton administration after Gingrich et al took Congress. Paralyzed administration and preoccupied Congress. There's no government like no government.
 
Smart phones and social media are cause for bullishness. I'd suggest that government closely resembles the Clinton administration after Gingrich et al took Congress. Paralyzed administration and preoccupied Congress. There's no government like no government.

I'm going to disagree with you there Mr. Beer on the bullishness bit. On the volatility side? Long that crap. There is something so awry.
 
Let's not forget the Fed's QE is what inflated the stock market up to these levels. The Fed has just started to unwind QE. It will only be a matter of time before it will have it's effect the stock/ real estate market.
I think once they have transferred assets to mom and pop and euphoric buyers, they will crash the markets and play the other side. The Fed creates these boom and bust cycles for their own benefit.
https://wolfstreet.com/2017/11/02/fed-begins-balance-sheet-normalization/
 
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I'm going to disagree with you there Mr. Beer on the bullishness bit. On the volatility side? Long that crap. There is something so awry.
I'm still selling vol o_O

But I don't see it as a problem, the low volatility. In fact one of the points I made in my first post on this thread is that it's a symptom of market efficiency...neither bullish nor bearish. But either way I'm fine. I'll buy on the way up or buy when it heads down. I'm patient.
 
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