just look over the last few years ... can you find ANYTHING WHATSOEVER that has? Just because we're on the verge of attacking another country with a missile strike why would that be any different than ANYTHING else that has caused significant loss of life and property? Just like every major incident from Japan's tsunami and radioactive water in the drinking system to millions cutting each other up in hand-to-hand combat across the middle east to the complete bankruptcy of Europe -- ALL meaningless. In fact, the more horrible the news, economic or otherwise, the HIGHER the stock market goes. The biggest concern in the world today, what will the stock market do between 3pm and the close ... that's the important stuff!!!
This is all about the Fed filling the pockets of their brothers on Wall Street. Overnight they jack up prices to guarantee profits the next morning. Same game day in and day out, Wall Street walking away with all the QE money.
Your right, everything else is totally irrelevant, its all noise. Buy here and make too much $ that's you inspire the poor, unemployed and underemployed to better themselves.
Sentiment: Strong Buy
Ya gotta ask yourself: Self, if I had to treat X amount of radioactive water or fluids per day, and purify them enough to meet or beat the EPA standards for dumping into the ocean/seas, how could I do that?
And what would the filtration system be, and who would operate it, and where is it located, and on and on and on.
Nuf said, and flow is maybe slowed, but has been going on for years.
One country having a nuclear blunder isn't going to bring down the world. But it certainly could contaminate a major, and half global, fishery.
The same could have been said in 1999, 1987, 2007, etc.
You can't have PE expansion in the face of negative earnings growth like we've seen recently, and expect much of a rally going forward.
And as far as QE goes, the money supply has been contracting recently in spite of it.
There's not much bullish going on, besides some PMI numbers yesterday.