GET OVER HERE, BULL MARKET! S&P 500 SMASHES 200-DAY AVERAGE!

FINISH HIM! Trade Truce Ends Wall Street's Suffering

Foolish Quan Chi thought he could manipulate the markets with his trade war schemes! But Scorpion is here! The temporary truce between the U.S. and China sent the S&P 500 soaring! It's like watching Sub Zero melt in the Netherrealm – pure satisfaction. The 90 day pause removed the 'worst case scenarios' from Wall Street's kombat arena. And that means victory for investors! GET OVER HERE with those gains!

TOASTY! S&P 500 Turns Up the Heat!

The S&P 500 rose 3.3% closing above its 200 day moving average. Skeptical strategists thought that the moving average was a potential ceiling but they were wrong. The market rebound has been rapid it's like watching one of my fireballs destroy a Lin Kuei assassin swift and absolute! TOASTY!

Fundamentals and Technicals: A Deadly Alliance

Mark Hackett chief market strategist for Nationwide said it best. 'This is an example where the fundamentals and the technicals intersected at such an aggressive level that the traditional analysis is tough'. Hackett's words are true: it is more supply and demand of shares technical than it is necessarily levels here and levels there.

Institutional Investors: Buying Like There's No Tomorrow

The fact that stocks continued to add to their gains shows there was significant buying from institutional investors who were either short or underweight the market Hackett said. 'We blew through the 200 day we blew through the previous resistance levels and we're not weakening through the day. The CMT 101 is you blow through the 200 day and then you settle back on top of it. The fact that that's not happening tells me that this caught people off guard more than we are giving it credit for,' he added. It's as if Raiden himself intervened to tip the scales!

CMT: Chartered Market Technicians Know Their Stuff

CMT refers to chartered market technician which is a certification for technical analysis held by many professional strategists and fund managers including Hackett. But even the most skilled warriors can be caught off guard by the unpredictable nature of the market. Only the most cunning survive in this arena!

Flawless Victory? Almost There!

The rally could take out another milestone this week as the S&P 500 is just one more push away from turning positive on the year. The index is less than 1% below the mark of 5,881.63 where it closed on Dec. 31. But let us not be too hasty for even in victory one must remain vigilant. Prepare yourself! Test your might!