Nothing about this bull market makes sense to me. However, because I do not argue with the market, nor do I pretend to understand things I do not actually understand –I have participated in it. Ultimately, this is the genius of algorithmic trading systems. Every bull and bear market happens at the margins of the largest market-thesis. And it is debated everyday at the bid and the ask. Financial commentators will say this matters, that matters, look at this historical comparison, look at this valuation, etc. The market does not care. Find data that others are not talking about. Then obsess over it until you find the subtle asymmetrical insight that resides inside it. That’s the honeypot at the end of the rainbow.