Chicken Little, meet CAPE

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 The musical score of this market is furnished by chickens clucking.  Incessantly.  The more the sky doesn't fall the more insistent the clucking becomes.  The P/E ratio is too…

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Holy Moly Batman. Market Rocket blasts off!

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 Imagine waking up and discovering you are 1.3% richer in one day before breakfast.  303 points in the Dow, 32 points in the SPX -- how much of this…

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