There are just too many shorts.
This is insane. How can the banks make money and lend. The whole system is broken and Bernanke/Yellen are to be blamed. Praying that they will go to hell for what they did.
The biggest bank in Europe has crashed to way below 2008 levels. All European banks are below 2008 levels. Do you think the idxots are going to keep on buying junk stocks with P/E that are 100.
Everyone will sell when the momentum changes.
Pensions are making nothing from bonds and they need to take profits to pay the pensioners. They will have to sell from time to time. I'm expecting a selloff soon.