Good Friday morning. Roughly 10 days ago we began alerting you to three bullish reasons to be aggressively long the market;

1) Front-running of Q4. In addition to massive fund flows that come into stocks at the beginning of a new month/quarter (and out of the $6 trillion in money markets), the 4th quarter just also happens to be the best quarter of the year. With just two trading days left in Q3, front-running of Q4 remains the smart money play. Yes, this still feels like a melt-up scenario to us. 

2) My latest conspiracy theory; are the Harris backers and power players…AKA the State, including many Republicans…are they melting the stock market up to help Harris win? I’ve been a proud conspiracy theorist since 9/11. Since then, only conspiracy theorists have been consistently right, on issue after issue. In today’s bizarre world, it’s only taking about 3-6 months for conspiracy theorists to be proven right. 

Consider: it’s well known that J Powell hates Trump, as we learned fr...