for any market move up or down, there are none. any rally driven purely by excess liquidity has no reason because abject greed is a strong emotion that suppresses reason.That is why smart people are refusing to play and only dummies are buying.
The market almost always moves for reasons; even if you do not understand them.
Here's a rational reason:HIGH OIL PRICES= RECOVERY.OIL trades in the stock market - 100sof stocks (from Russia to Canada).Doesn't it?BANANA BEN cannot afford the US$ to go up - he doesn't want to cause another recession.World starvation,riots and demonstrations,revolutionsis OK with him.After all, its not his fault unemployment continues to increase -is it?He believes higher inflationwill increase employment:http://www.econlib.org/library/Enc/PhillipsCurve.htmlDidn't it work in Zimbabwe?As long as there are no riots or demonstations in the US,who is going to stop him?US military?
I feel bad for you
it's the dummies that have been left behind.it's the dummies that sit there and whine all the time.savvy people bought this market up and continue to buy it up.smart money blew into stocks since sept for good reason. while dummmies sat there and whined and wonder why stocks are going up.