Syria Euphoria Sends Stocks Higher; Trading Volume Hits 15-Year Low

The Dow added more than 250 points over the past two days and the NASDAQ hit fresh 13-year highs, meaning only one thing: we're officially in vapor-land as S&P equity trading volume hits fresh 15-year lows.

Meanwhile, the Syria story gets more and more confusing and confounding, the President's address tonight at 9:00 pm EDT (we do hope he'll be on time for once) probably just adding more layers of confusion to this twisted international story presaging World War III, which is bound to happen anyway, one way or another, the crux of the argument being Iran's nuclear ambitions and the US (and Israel's) attempts to defuse them.

So, how's that 401K looking? Pretty peachy, huh? Well, that's until the authorities come to confiscate it as happened in Poland last week.

A major financial disruption is just weeks away, be it the default of Deutsche Bank on some of their massive, unregulated CDS, Italian bank defaults or maybe, just maybe a big resounding thud from the likes of JP Morgan, or, our favorite, Bank of America.

The system is completely stressed out, trading on razor-thin volume while Peace President O-Bomber gets an itchy finger over Syria and a false-flag operation that hasn't convinced anybody of anything. What could possibly go wrong?

Russia's Vladimir Putin is playing Obama like a banjo, plucking his strings with the talent of a virtuoso. Other outlets have compared the recent developments over Syria as Putin playing chess while OBozo struggles with checkers.

We think the analogy is apropos. The US government will soon be on its knees, begging forgiveness from a broken-hearted world and US population. There will be no mercy given to the betrayers of the constitution.

And, by the way, the NSA is FOS.

Dow 15,191.06, +127.94 (0.85%)
Nasdaq 3,729.02, +22.84 (0.62%)
S&P 500 1,683.99, +12.28 (0.73%)
10-Yr Bond 2.96%, +0.06
NYSE Volume 3,911,199,000
Nasdaq Volume 1,767,686,125
Combined NYSE & NASDAQ Advance - Decline: 4249-2265
Combined NYSE & NASDAQ New highs - New lows: 403-52
WTI crude oil: 107.39, -2.13
Gold: 1,364.00, -22.70
Silver: 23.02, -0.701