The carnage continues. At lunch time yesterday the market was kind enough to give us a 15 minute break as the S&P500 fell 7% and triggered a circuit breaker.
The S&P500 hit a fresh record high yesterday. It happened quicker than even I expected. And this market continues to fly in the face of all the negativity. Which means this market has plenty of upside left before all those bears, who have been calling for impending market calamity year after year, will finally be right.