“This is not about throwing in the towel; it is an acknowledgement of what the market internals are flashing at the current time from a purely tactical and technical standpoint.”
“The (US dollar) is on a one-way ticket south and so far has been orderly—will that be sustained is anyone’s guess."
“For now it is being viewed as fodder for the global liquidity and risk-on trades.”
"[The tech rally] is a clear sign that the big boys are putting money to work."
“Market internals are too strong to ignore right now—NYSE advancers beat decliners by a 3-to-1 ratio (Tuesday); the Dow transports soared 1.9 percent; and the small caps beat their major benchmarks."
“My overall macro concerns have not gone away, but these market facts on the ground are tough to ignore.”
-- David Rosenberg, quoted here
