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2-Cheap.

I just keep hearing this market is too cheap.

That it's a coil spring ready to explode higher on any good news, like reports that we might lift the tariffs on China, and we're going to hasten a trade deal.

Despite the fact that there was no formal acknowledgement for the way that it's whatsoever this whiff of the story,

sent the averages skyrocketing from their lows, now only gaining 162 points.

With that 100 at one point today, the S&B climbing points is 76%, and that's like advancing for each of 1%.

As stocks had been crushed on Chinese worries, we weren't higher.

Like this arrangement was already a done deal.

This kind of positive action makes for a formal resilient tape that we got and used to late last year.

This is a field dangerous not to buy stocks, even if the news about individual companies is nothing to write home about.

Consider the arc of today's session because it really was rather remarkable.

I've not seen this behavior in ages.

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