S&P 500 just hit a new all-time high of $7,000 right in the middle of the worst energy crisis in decades. Since 1928, this is the first time the S&P has made new all-time highs in 11 days or fewer after falling 5-10%.

S&P 500 hits new all-time high as investors shrug off Iran war oil price spike The S&P 500 hit a new all-time high Wednesday, a remarkable turnaround for the broad-based stock index while the war with Iran continues and rising …

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This is the strongest market in modern history; Hedge funds are broadly underweight Mag7 because everyone knows the bubble is near its peak; Stocks now move 5–10% on headlines that aren’t even new.

Markets ripping higher into a shutdown isn’t strength … it’s proof the S&P 500 no longer trades on fundamentals. Liquidity, passive flows, and option mechanics have replaced cash flow and earnings. This isn’t history being made, it’s price discovery being …

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