Pro money is trying to get individual money in now to try and chase the market higher and cash out the pro money. Volume declining on this rally, I say we have a significant correction immediately.
The catalyst will be the treasury market driving up interest rates. If some geo-political or major financial event doesn't happen across the pond driving "flight to US Treasury quality" I see bonds falling this year. This combined w/ fundamental reasons of tax consequence selling motivation mentioned will provide strong downturn pressure.
Too many talking heads on TV are trying to talk this market up.
The catalyst will be the treasury market driving up interest rates. If some geo-political or major financial event doesn't happen across the pond driving "flight to US Treasury quality" I see bonds falling this year. This combined w/ fundamental reasons of tax consequence selling motivation mentioned will provide strong downturn pressure.
Too many talking heads on TV are trying to talk this market up.