Bulls sitting on a pile of profits

AGA7d

Many companies issued secondaries to raise capital during the down days, at prices much lower than today's price. So the temptation to take some chips off the table is there.

During the housing bubble, I was always amazed by the price appreciation and the volume increase - how much money do you need to sustain such a market? Of course, we know that there is not enough...

Once the market gets into the selling mode, it can be fast and furious. The trigger? Rate hikes. It may come earlier than many think.

I may appear to be out of sync after a DOW breakout. But this market is already a fool's game. I  only have CanRoys and QID at the moment.

想发