Just “buy”–everyone else is...what could go wrong? [yt]08PmD3Ljiuw[/yt] It’s been an interesting year so far… equities are unstoppable, the dollar is tanking, gold is soaring, and bonds are tumbling… https://www.zerohedge.com/sites/default/files/inline-images/20180112_eod1.png This is easy… US Equities have ‘suffered’ only one down day in 2018 so far (in fact Trannies haven’t seen one down day)… https://www.zerohedge.com/sites/default/files/inline-images/20180112_eod24.png https://www.zerohedge.com/sites/default/files/inline-images/20180112_eod25_1.png Putting this move in context: Trannies best start to a year since 1983 S&P best start since 1987 Dow best start since 1997 Nasdaq best start since 2004 “Never gonna let you down” The Dow is up 1060 points in 2018 – 5 names account for more than half those gains (BA, CAT, IBM, MMM, and UTX added 555 points!) https://www.zerohedge.com/sites/default/files/inline-images/20180112_eod22.png VIX traded back above 10 today again, rising with stocks, and VIX has entirely decoupled from stocks… https://www.zerohedge.com/sites/default/files/inline-images/20180112_eod3.png This week saw Ripple crash 30%, and Bitcoin dropped around 19% – the worst week since Jan 2015 https://www.zerohedge.com/sites/default/files/inline-images/20180112_eod4.png The last few years have seen Bitcoin show seasonal tendency to drop into mid-to-late January before picking up into the summer… https://www.zerohedge.com/sites/default/files/inline-images/20180112_eod5.png In commodity land, copper ended the week lower but Crude and PMs surged today as the dollar collapsed… https://www.zerohedge.com/sites/default/files/inline-images/20180112_eod9.png Gold surged today – its best day since August – and is up 5 straight weeks…Gold futures hit $1340 for the first time since September 14th… https://www.zerohedge.com/sites/default/files/inline-images/20180112_eod7.png Normalized for vol, gold has decoupled higher relative to bitcoin… https://www.zerohedge.com/sites/default/files/inline-images/20180112_eod14.png WTI Crude bounced back above $64 today as the dollar plunged… https://www.zerohedge.com/sites/default/files/inline-images/20180112_eod8.png And Spot Palladium surged to a new record high… https://www.zerohedge.com/sites/default/files/inline-images/20180112_eod6.png