Another day, another all time high, with the mega caps leading the way. Everything might change tomorrow, but this train is reaching full speed. It’s a dip to buy at 23,300 and then 23,150 on trend support.
The background is of rates being slashed, QT ending, QE beginning, big job losses at Amazon etc and contained inflation. Not to mention crushing US debt levels, needing low rates to cut funding costs.
With all the talking heads proven wrong, for now at least, I have a feeling this could run a lot higher.