You Know The Crash Is Coming, Right?
The S&P 500/SPX (SP500), Nasdaq, as well as other major market averages and ETFs continue to hit new all time highs/ATHs, after new ATH essentially on a daily basis.
SPX futuresSource: Think or Swim, Ameritrade
Despite an exploding number of COVID-19 cases, continued civil unrest, uncertainty about the November Presidential election, as well as other detrimental factors, SPX futures continue to move relentlessly higher at an extremely rapid pace. SPX futures are now at around 3,550, which is roughly 5% above pre-COVID-19