The big cap techs in the Nasdaq 100 were leading the way in a rally higher from the opening.

One can supply any number of reasons for it, after the fact. This one might say that the fears of a trade war have subsided because someone heard something.

Another might say that with CPI coming in weakly, then the Fed won't be raising rates so aggressively. And didn't Jay Powell of the Fed give a rousingly positive interview?

Or one might as well just say, 'because they can.' And so they did.

It looks like another blow-off top is in the works. 

Gold and silver were up slightly as risk money flowed back into them after their recent beat down. The US Dollar was largely flat..

Forget the ever-flattening yield curve, the spokesmodels say. This is an unconventional recovery.

But why worry if you can get yours, and devil take the hindmost? And because of the increase of wickedness, the love of most will grow cold.  

Except for those who understand the fundamentals of the economic proposition that, in the final analysis, matters most. For what does it profit a man?

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