Appears to be just another PS. The VIX reflects no volatilty/worries at all, which is pathetic. TVIX is down and the VIX is up. Its just one irregularity after the next. Its like we have pre-determined futures markets. I wonder how many Ponzi Schemes are out there on the short side and the long side. If you are on the long side of a ETN or ETF PS it will look fantastic for you right now, but if the market corrects you will most likely be slammed the most. Big money knows they can milk the market until Ben stops, and it also has people entering the market at these levels just because they cannot survive on less than 1%. Very scary pattern here. All that (almost) free money is destroying our country true balance sheet. Making the true value of money to plummet. The only reason most cannot see it is because other countries are even worse off. This is a global nightmare, not just the US. Doesn't anyone find it a very strange that all of a sudden all our problems went away? Europe, China, Yen, North Lorea, Iran, Cyber security, the War. That doesn't even count the snafu in May.