Dabbling a bit in stocks, anything to keep me occupied and away from making any big trades. There isn't much of an edge trying to make a stand here against this type of momentum, with the VIX so low. This type of calm upward, relentless momentum reminds me of late 2006, early 2007. If you remember, the market didn't top till summer of 2007, so if this market follows that analog, then we've got about another 6 months of uptrend remaining.
We are seeing a lot of speculation in small cap stocks, which is also similar to what you saw in 2006/2007, as well 2014/2015. They proceeded tops by about 6 to 12 months.
So there are couple of very early warning signs that the clock is ticking. But lots of time left before we hit the apex. If you can't ride the bubble higher, just stay away.
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