Since June-2020 the SPY has not touched the 200-day moving average.
Every dip is bought up by some mysterious entity.
US Federal Reserve money printing, which is causing massive inflation in the real economy, is pushing the SPY higher.
Will the mysterious entity allow for a 5% or 10% correction. Will a 15% correction be allowed?
Cash needs to go into assets, otherwise the high inflation is eating it's purchasing power.
US Federal Reserve money printing:
Stock Market keeps going up.
Real Estate Market keeps going up.
Commodity prices keeps going up.
Those who hold cash and don't own assets get hurt.