The Daily Dose of Trading Comments

Very little data this week, but the FOMC minutes release a few minutes ago has spiked this market higher. Given the day after day rise in this market, I'm curious to see if this sticks and we move higher into the close once more. It's another day of weakening internals and a low volume rise. Although it doesn't matter till it matters you have to have your head in the sand to ignore the risks as we keep scaling higher and higher. That doesn't mean I've sold off everything, just that I am more and more cautious as we move higher. You should too as the time will likely soon come where we get one of those spikes down for a couple days which really serves as a slap in the fact for those too extended.