why? relief rally today. some growth companies were up big. one reason is affordable health care will hurt most americans. low oil will not be allowed as a free savings for americans. our politicians will increase taxes for the make-up. strong dollar will hurt our trade. 10 year yield is below 2%! forget equities, that does not bode well with talks of increasing the short end by the fed. a corrections is over due. also bush under his watched allowed the uptick rule to be removed. bears can crush a market. also huge inflow of cash finally back to equities. it is quite possible. why say you.
companies, stocks making new highs in a flat or down market get a lot of attention further driving the price higher as traders look to appreciate their money.
Sentiment: Strong Buy