Is this a surprise? Of course not. Is it a surprise the market continues up? Is it a surprise that they continue to upgrade stocks? It is a surprise that if the market sells of some earlier in the day that it is bought later in the day? Of course not. Is it a surprise that the market will not go down even though many Americans are having the most difficult time in their lives? Of course not. Are things going to get worse? You want to believe it is.
I am not sure how long they can keep this going. We can attempt to deceive others that our economy is growing but they are not fooled. Their own economies are slowing and of course we are big purchasers. When we can not buy there is a real disconnect to reality. Will be interesting how long this charade can continue. Admitted we have a smooth, deceptive, articulate man for a president but I can not see this continuing for all that much longer. Not prepared to purchase SDS yet though. Happy trading.
Financial Institutions are making a killing now in the market as they have been shorting gold and silver along with those stocks with the money the FED has been giving them so it may continue for awhile.