The Bubble Keeps On Growing (CMG, FCX, OPEN, SLV, ACAT)

Will stocks ever go down again? It seems as though the Fed is content to create another asset bubble by devaluing the dollar so much that the only place left for an investor to put his money is into equities or commodities. The market rallied yet again today on horrible consumer and housing data. Chipotle Mexican Grill CMG notched another all-time high while Freeport-McMoRan FCX rose for the 17th time in its last 20 sessions!! OpenTable OPEN rallied another 0.70% today while Arctic Cat ACAT surged 18%! I guess the 90% of consumers who are working are feeling so good they are eating out and buying snowmobiles like its 2005 again! Finally, Silver SLV closed at a 30-year high today. Nothing goes up forever, and these parabolic moves can only mean an even harder landing when they eventually crash.