SP500 is obviously in Euphoria. But let me just tell you about one event. Normally when we are getting stimulus from the FED, money is flowing FROM the FED to the BANKS. And that has been happening for a long time now.
BUT. There is always a but. There comes a time when the flow of money switches. It starts flowing OUT OF the banks, and INTO the Fed. And this is called - A Reverse Repo.
And it is right at the peak right now. The markets will look like they are flowing, but it appears to be emptied compared to previously. The amount of institutional money pouring into the Reverse Repo tops 1 Trillion, highest of all time.
Basically - the Market is not goin up much longer. And the REAL money - the real money is made in the Reverse Repo. (Check into it). I am SHORT from here on out, no matter how much it continues to artificially float. Too much, time to take profit and call it a day.
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