Well, it’s that oh-so-spooky day of bad luck, Friday the 13th, and… new highs everywhere. Everything, and I mean everything, is up. ES? New lifetime highs.
NQ? New lifetime highs.
Even gold, which usually is punished on strong equity days… roaring higher:
…which I suspect will continue if the USD/JPY continues to cycle downward.
And, need I even say it, Bitcoin almost getting to $6,000 in another evening of unprecedented price action.
No matter what the economic news is… no matter what political fireworks are going on… and no matter what surreal stuff comes out of the President’s mouth… all news is interpreted as beneficial for equities (and, go figure, cryptocurrencies!)
I think I’ll take the dogs for a walk now!