Stocks reached for those new highs again today, and flopped back down into the red, or at best unchanged in the case of the big cap, new era tech stocks.
I suspect stocks are priced for perfection, and the GDP number tomorrow has them a bit edgy.
After all, the basis of this bull market bubble is a ponzi scheme fueled by easy money.
And when the music stops, there will be a rush to the exits.
Gold and silver were up a bit.
The Dollar was down a bit.
From my perspective, the new Bitcoin ETF is analogous to shooting gerbils out of a cannon during the last tech bubble.
You know, the one before the housing bubble.
I wonder what we should call this latest bubble?
Have a pleasant evening.
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