For years I kept reading and hearing that this secular bull market is unsustainable since the volume is low. Well for years now we kept seeing this market rise and rise on light volume. Even this month pundits bemoan the low volume and yet the market keeps making all time highs. [more]
Used to be when the average retailer jumped into the market the "top" was put in and then here comes the crash. Guess what they didn't this time. They really did learn their lesson. People opining, like Mr. Loudmouth Santelli, why Tbill yields are declining is for an obvious reason. The boomers want bonds. Stop trying to sell them these new yet ridiculously priced IPOs. They aren't buying, and good for them. [more]
Just starting a new thread carrying over my Put sales. Please rec if you wish me to continue with this.