S&P 500 Tops 2,100 - What Happens Next?

Tyler Durden's picture

Following the disappointment of Doha, US equities have soared off the dip with The Dow topping the all-important 18,000 level and now S&P back above 2,100...

 

All the while, earnings are collapsing.

 

Looks fine to us, right? What could go wrong?

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Bryan's picture

What happens next?  Isn't it obvious?  Moar QE happens next.

RabbitOne's picture

I don't care. I just trade the trends and let others worry about where its going. It allowed me to retire 8 years early. 

Yancey Ward's picture

I have said it before, and I will say it again- before the next crisis hits, the S&P 500 will cross 2500 and the Dow Industrials will cross 20,000.  Expect the Fed to reinitiate QE sometime in July to give the final cathartic push upwards to drag Clinton's carcass across the finish line.  Also, keep a close watch on who she is forced to choose as VP- that will, in fact, be your next president for most of the next 5 years.