Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.
It also happened within the lens of a trifecta of #Quad2 in Q4 all-time closing highs with SPY, NASDAQ, and the Russell 2000 doing the all-time thing on the same day. All-time remains a long time.
What else happened yesterday? Why the 61st all-time high for SPY of 2021?
A) It “felt” like stocks should go up (because I’m still long Ford)