"Markets have been way ahead of the game since Trump's victory and there comes a time when we need to know exactly what they're rallying on"
Why? Just be a happy idiot like everyone else.
Accompanied by...
Blow-off top risk:
MACD: Moving average convergence/divergence aka. price acceleration...
Recession rotation risk...
Stock/bond rebalance risk
Carry trade overnight risk
Oil risk
Insufficient hedging risk
S&P / VIX (black) with VIX (red). VXX ETF volume...
Financials over-allocation risk
Junk stock risk
Fake economic recovery risk
And of course, volatility risk...
And volume risk...
And, lest we forget, IPO risk, since Snapchat just priced above the expected range at $17/share, and will be the biggest IPO since Alibabylon tanked the stock market in 2014, when it begins trading tomorrow...
What could go wrong?
Which brings up liquidity risk
Doh! Fucking morons...
