Really? We are really counting on Utilities to lead the market by making a historic new high?
The only real reason why anybody would stay invested in anything is if it's going up. Business fundamentals are really just a joke in a Keynesian boom. But it's hard to meaningfully push up something that is already this expensive unless we add maybe another couple of trillions of money supply through the banking system. And it has to be through the banking...
Many might think USD's recent breakdown is transitory. But the thing is, the only way to temporarily prop up USD is to hike the FFR, which will sink stocks, which will likely force more QE, which then in turn will sink USD. On the other hand, if not propped up by the tightening of money supply, every USD drop is equivalent of a market rate hike - because you have...
It seems to be chilling/waiting, now that it has rallied the troops of Earth.
t looks like it was saved by a trend line (black) extending back to the 1990s and it is on the way to test the other trend line (dark blue ) extending back to the 1990s.