Replies to post #165558 on SPDR S&P 500 (SPY)

[risk on]

Exactly, the market usually allows news/ data to build up without acknowledging it, but when it does react, the market catches up in a hurry. Saw it in 2010 when QE was announced the market was ambivalent , didn't care, and frankly viewed it initially as it should fundamentally be viewed, as in QE was a result of not good things going on, but then it all of the sudden decided it was great news, and we see the tear it's been on for years. Now Perhaps we will see the market react suddenly to the realities current.