The markets move as the markets move regardless of the news.
The federal government prints tons of money, the corruption in Washington spreads faster than the flu. Bills are passed that no one has read. The state governments are broke. Unemployment and underemployment are rampant. Very few earnings reports are genuinely rosy regardless of the market expectation and reaction. Small businesses are failing, misery is on the rise.
Beware the 15th of July. Let the bulls run today- its their last hurrah. Mark this post - today is the last hurrah - reality sets in soon, the disaster is upon us. The S and P does not cross 916. Tomorrow the drop begins. The panic is coming. There is no way to stop it.
It has been and will always be. Every generation has paid for the arrogance of man.