Markets Go For 19th Straight Tuesday Gain
Nicholas Santiago | May 21, 2013 02:57PM ET
Light volume in play, markets slightly positive, media pumping and it looks likely the U.S. stock markets will have their 19th straight positive Tuesday. This is a roaring bull with little to stand it its way as long as the Federal Reserve is backstopping it. Yields are being kept so low by the Federal Reserve that the only possible angle for investors is to buy stocks. As stocks balloon higher, a bubble forms. It is much like musical chairs. It great until the music stocks. Then watch out below. Enjoy the ride and profit!
Related: SPDR S&P 500 ETF Trust (QQQ ).
Gareth Soloway
Chief Market Strategist
www.InTheMoneyStocks.com
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