I just can't get a handle on this stock market. Nothing seems to faze it, not even the usual technical indicators. RSI over 70? Doesn't matter, we're going higher. Low volatility? Doesn't matter, we're going higher.
Geopolitical unrest increasing in various places around the globe? Doesn't matter. Credit and mortgage problems on the rise? Doesn't matter. Chinese stock market falling to lowest levels since 2019? Doesn't--well, you get the idea.
I think there's an inflation report coming out tomorrow, so maybe that will cause a ripple. But I doubt it.
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