Market in new all-time highs are NOT the place to short, even if weakness is growing through uncertainty, decreasing participation and increased volatility.
If you enjoy the wild swings of volatility during market cycle tops, then they can be a great place to trade (if you know what you're doing). But remember, there's no crying at the casino. #SP500 #Nasdaq #DowJones
I think we're at that stage in the stock market cycle where smart money knows the end is near, but no one is willing to miss out on the potentially large upside (nor can they afford to sit on the sidelines and wait).
Violent swings are a symptom of this stage where lots of money can be made. With great reward comes great risk, and the risk continues to increase as the top forms just like every cycle before.