This Is Just Nuts IMO...

SPY I'm sorry but there's something wrong here.  I know people think the feds have got their back but it's a pipedream at best. High Yield bonds/junk bonds move, for the most part, along with the market. The fact that these bonds are selling off and going down & starting to pull away from spy as spy runs away w/out a driver is concerning to say the least. Our market being inflated and spoonfed by the feds & tech.

People say it's bc of the tech ind. which I agree. Kinda overbought u think? Also odd the tech industry is fueling this rally as well - just like the dot com era.

Look at the volume for spy -anyone concerned about that? Fun fact: first 9 days in July average daily volume for SPY = 75.4 mil. First 9 days in Aug = 49.8mil. - Yet nothing but green days. I see on StockTwits "big buys coming in".. really? Where? Trading at half of our volume is considered big buys? That's a bearish sign. If our economy is great why is nobody buying? Because folks were at the top