From Hedgeye: Stocks moving up on decelerating volume have the potential to create a liquidity trap and could signal a coming correction, while an outsized burst of volume on a strong up move in a stock could signal a breakout to new price levels.Please pay attention to volume as the market moves to all time highs. In addition, reviewing the CNNMoney Fear and Greed Index shows the psychology of investors is registering at "extreme greed." As Warren Buffet likes to say: "Be fearful when others are greedy and greedy when others are fearful." Wise investing my friends.
Tuesday: Small Business Index, PPI
40 minutes ago