Real Quick

My quick take on the current market.

The S&P500 closed at a new record high yet again yesterday.  Thats something like 5 in a row.   The market continues to do what so many think it wouldn't do for longer than even those that thought it was going to do what it has done.  Hmmm.

My current take continues to be about the benjamins.

What do I mean by that?

Well lets take China.  Last night they drained more money out of their system.  What happened?

Is it any wonder why $BABA isnt making new highs with the entire world moving up these days?

Same goes here in the US.  Follow the money.  We have all sorts of assets continuing to inflate in price.  Why?

The money supply continues to expand.

IS it really that simple?

So far yes.  And until we see spending and easy money policy dry up stocks will continue to trend higher.

and with all this pent up demand and supply shortages...

what happens when supply catches up?

Have a great weekend!

Known to most as Uranium Pinto Beans, Jason has more than 15 years under his belt of trading stocks, options and currencies. His expertise primarily lies in chart analysis, and he has a strong eye for undervalued stock. Because he’s got the ability to identify great risk/reward trades he usually enjoys taking the path less traveled and reaping the benefits from the adventure.

He is a co-founder of Option Millionaires, and he is best known for his weekly webinars with Scott, as well as his high level training webinars and charts found in the forums.

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