Buying the All-Time Highs: Is This Wise?

Despite dismal volume, investors piled into stocks - at all-time highs - once again.

Whatever the investment gurus have to say, all of this is due to unlimited funds from the Federal Reserve. Yield on the 10-year note reached 3% today, but apparently, that does not matter.

Absolutely crazy.

DOW 16,479.88, +122.33 (+0.75%)
NASDAQ 4,167.18, +11.76 (+0.28%)
S&P 1,842.02, +8.70 (+0.47%)
10-Yr Note 97.92, -0.08 (-0.09%) Yield: 3.00%
NASDAQ Volume 1.11 Bil
NYSE Volume 1.97 Bil
Combined NYSE & NASDAQ Advance - Decline: 2987-2704
Combined NYSE & NASDAQ New highs - New lows: 640-56
WTI crude oil: 99.55, +0.33
Gold: 1,212.30, +9.00
Silver: 19.92, +0.432
Corn: 426.25, -8.25