The market should have never held up this long. Earnings are crumbling.
The USDollar is holding strong despite a rash of Bearish sentiment recently.
Only the staunchest staples like Campbells Soup traunch higher, leading the way into the void of the recession.
Even if that were true. Imagine the mass-layoffs if the malls get boarded up.
The Fed is still talking rate-hikes but the market laughs it off. The Fed lost all credibility with Decembers one-and-done move. They backed away from that tightening rhetoric the second they realized they put their hand on a hot-stovetop.
That is how I made my money three times & how I will make it again.
Only next go-round, the Bull isn't going to get saved again.
Watch this market take out SPX 2045, then 2000, then 1900.
Next thing you know we will be swimming at SPX 1600 and the sharks going to be feasting on the remains of a million underwater Bulls.