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The Market Simply Can't Go Much Higher

Stocks stopped rising? Normalcy might be returning.

By Parke Shall

Is it possible that we just saw a few shreds of normalcy to end the week last week? After all, it is starting to feel a little crazy with how much social media and the financial media are cheering on Dow 20,000.

Financial media was actually making excuses for the stock market going down in advance of interest rate hikes midweek last week, before the market even went down and before rates even went up. We don't know what type of sentiment this is called, but if it isn't euphoria we're not quite sure what euphoria is.

So when the market failed to rip higher without rhyme or reason to end the week, the way it is basically been doing for the last two years, the week ended almost in a feeling of disappointment from the financial media and with a feeling of a renewed shred of…

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