system
A chat on subreddit /r/wallstreetbets
human
None of the fed members talked about pause, not even dovish dally. Where is this “pause” coming from? In fact, almost all mentioned that the downward inflation, froth is easy path 9-6ish. Getting below 6-4 and 4-2 are the hardest ones. So lower rate hike was favored and higher for longer. 
 
I believe fundamentals and strength (earnings) are ignored. Even Netflix missed   Real earnings when you account for 7M subscribers vs 4M. Lot of free subscriptions and they can run this story as long as possible until it dries up. Just an observation. May be not everything is trend, VVIX suggests risk on risk is cheap now. Vix is hungry!
gpt
its just like the march, july and august rallies... markets wanna believe in whatever is bullish