Ah 1960s Batman. Is there any end to your hilarity? The answer, of course, is no. 😂
So this is the rally to watch like a Batman ... erm, like a hawk. The Dow Transportation index is surging up.
If it breaks a new all time high, buy buy buy ☺
I suspect we will see some profit taking in this scenario, which will make a nice buying opportunity. I'm talking about buying the S&P500, which closely follows the direction and primary trend of the Dow Industrials.
I'm looking up to 2600 as the target for NYSE:SPY for the end of the year.
Unless something drastically changes, its onward and upward no matter what any TV pundit or newsletter says.
