S&P 500 hits another record high

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Can’t keep stocks down

The S&P 500 rose above yesterday’s high of 4489 to a new record at 4492. If you look at the pattern in the past six months, it doesn’t take much of a dip to lure the bulls back in.

More importantly, the threat from delta and tapering barely look like a blip on the chart. That shows that the TINA trade is a powerful one.

SPX daily

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