Republic Risk: Trading Coal, Taylor Swift, and the Fed

Have you gotten your daily dose of Taylor Swift news while you're trying to read the financial news and write 1,500 words on the markets?

Equity Storm Warning Is GREEN on the S&P 500 and Green on the Russell 2000.

As predicted, the S&P 500 has hit 5,000 thanks to record liquidity and capital flowing into the mega-cap space. It will be fascinating to see if this fuels a further melt-up or becomes a place where funds dump and recharge for a possible risk-off event due to seasonality. Remember what I’ve been saying for months - if a lot of money is sloshing around, the markets will continue to charge higher.