$SPX 2020-AUG-25

SPX gaps up to open the week; leaving little doubt that we are in Al-Time-High territory. While so much of this rally is being driver by the tech sector (As has much of the last 10 years, to be fair), it's still a strange situation to be in where stocks are increasing so fast despite more and more concerning economic data coming out.

Has the S&P 500 disconnected from traditional metrics of success? Has the influence of The Fed become so entwined that monetary policy is the new king?

Certainly is a strange time to be involved in this crazy little thing we call trading.