The more days the market goes up every day, the greater the odds become of it dropping. With each day up for no reason-especially after a rally that's long in the tooth, there are fewer buyers and more ready to hit the sell buttons.
I remember a time when a durable goods print of -2.8% with a -5.6% previous would have hit the market. I also remember when PMI's and manufacturing indexes mattered. Now they do not. $85billion to prop stocks is ALL that matters ... until such time as the whole house of cards falls.