It's been a while since I posted but there comes a time when one must post, and that is NOW, because:
This market is at or near a top and there is a simple reason: there is no reason why this market should not go up, up, up....
Everything seems perfect for this bull market to continue its grinding ascent to S&P 2700, then 2725, 2750, 2800, and more since
one cannot see anything in its way. Money is pouring in, a trillion in tax cuts, low interest rates (still after Fed's hikes), positive seasonality, nowhere else to invest (except crazy crypto bubble), and prospects for more 3% plus GDP quarters in 2018.
It's too good, to easy, too one-way, even more bullish than the 2000 tech bubble.
With record low volatility, shrinking premiums, and record irrational exuberance with nothing to fear, it is time to
start buying puts, preferably March & June SPY and QQQ.