Up 8 of the last 9 market sessions, SPX still printing new all-time highs practically every minute of the day. 

A sell-off literally cannot last longer then 5-10 minutes. There is no fear of risk in this market, and while stocks under the surface are not doing nearly as well as the overall markets are doing, when you have QE4 that the Fed explicitly says is not QE4, and cutting interest rates at all time highs, what could be possibly go wrong?

Okay, I’m playing up to the crowd there because that is what most people want to read. But the reality of it all, is that all this hype and hope and fear of missing out (FOMO) will always end badly. Right now, this market is on so jacked up artificially that it is every bit reminiscent of the late 90’s, when the market finally peaked in March of 2000. 

Now, I’m still going to provide a bullish watch-list for you on the first day of trading each week, but that doesn’t mean I don’t have my reservations about this market. Enjoy the rally while it lasts, but don’t you dare stop using stops on all of your trades. 

Take a look at the bullish watch-list for this week: