Dr. Strangelong: Or How I Learned To Stop Worrying And Love The Bull Market

This post goes out to the Armo Trader at StockTwits. One thing I'll say for the younger generation of traders and technical analysts - they can't be faulted for being predisposed to optimism about their future prospects.

There's a scene in the movie Dr. Stranglove where General Turgidson is explaining to the other members of the War Room how NATO should direct its firepower at one specific area to take out the rogue B-52 on a mission to start WW3.

That focused type of strategy appears to be at work today in the stock market. The holy trinity of stock index futures, DJIA, SPX and NDX, continues to trend higher. Readers of this blog don't need me to list which indexes are not presently joining this trend. They're listed in the previous post if you didn't notice.

Here's the point: successfully managing perception does not necessarily require manipulating every market higher, only the ones that people most readily associate with the health of the economy.

And here's the other point. You know why Infowars calls their fundraising shows moneybombs? Think about it.

So here, in all their glory, are the SPX, NDX and DJIA.