Markets set new closing highs today with S&P500 hitting 1593.61.
What does this mean? Are people still under-invested, over exposed to fixed income? Have to many people plowed into health care, staples and utlities?
What is the next likely move from here: Summer swoon or rally continues?
What say ye?
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.