As I sit here on Sunday night, enjoying my pizza from Delfina Pizzeria, I’m waching the screen turn green, to the delight of equity bulls, now that NAFTA is going to survive. Only recently did it seem Canada was going to get left out in the proverbial cold, but the three countries of North America are all buddies again, and the ES is ripping higher.
The NQ is doing even better, and it’s just a blank away from hitting another Lifetime High, the highest point in the history of the universe for the tech-heavy index.
And thus, Q4 begins. Out of the past 12 calendar quarters, 11 of them were green for equities, and it looks like the 13th quarter is off to another positive start.