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Markets at New Highs: Now What? (Open Thread)

Posted By Barry Ritholtz On April 29, 2013 @ 7:30 pm In Markets | Comments Disabled

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index 4.29.13 [1]

 

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?

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What say ye?


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