Here is yet another historic milestone in a market packed with them: for the first time in history, the semiconductor index went up seventeen days in a row. Can you imagine what kind of emergency federal actions would be taking place if it had been DOWN seventeen days in a row? But up? No problem!
This is not how bull markets begin. It’s how they end. And it looks like we’re on tap for an 18th record tomorrow:
This isn’t going to end well. Promise.
