This is a great article which looks to analyze why the stock market continues to rise despite the low amount of trading volume we are currently experiencing. It does a great job looking at the key indicators that just aren’t making sense, and those which indicate problems ahead. It also takes a look at the infamous “Plunge Protection Team” who is believed to be the culprits behind this bear rally which has continued to occur since mid 2009 to the present day. I highly recommend you have a read through!
Up until today for example, the S&P 500 (NYSEArca: SPY – News) hasn’t had a correction of more than 0.25% for 17 consecutive days. Last Friday, the Nasdaq closed up for the 13th straight session, something that hasn’t happened in nearly 20 years.
– Simon Maierhofer, Yahoo Finance
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