It’s really on.

Today the S&P is above 1,600 and an all-time high. $GOOG is hitting all time highs (long). So are the RAILROADS.

If the boom ended tomorrow, I hope I would see the writing on the walls and not average down into hell.

Luckily, this boom is relentless and accelerating.

In 2008, the markets changed. The world was ending, but a new layer of communication was being cobbled together by regular people not focused on the stock market or any markets. They were talking about lunch and getting together. A language was also being developed. It’s a relatively easy language and it’s global. Our kids speak that language and we are all connected like never before. IT is impossible to measure the productivity and growth of people and businesses flowing with social connectivity.

Just a month or so ago I gave an interview to our fantatstic Stocktwits sponsors at CME Group. I ended with this:

Making predictions is difficult, but we’ll put you on the spot and ask you to give us your views on the future of social media and the markets – what should people interested in the markets being think about in the coming year or two from social?

Social media is a tool and it is your choice to use it or not. For some people it will be poison, for others it will be a panacea. It all depends on how you decide to use it and how much time are you willing to devote to learn how to use it properly. You could use it for gossiping, finger pointing ego and bullying, and you will lose in the process of doing so or you could be smarter and use it to accelerate your learning curve and get great ideas from other passionate traders and investors and build a competitive advantage by sharing.The social trend is relentless and accelerating. I think the term social media will fade as media is not a meaningful word for the phenomenon. I call it the social web and the power of social leverage. The financial leverage was our last boom and bust, the social leverage boom is more interesting because it touches more people and industries. Going fast is addictive. The social web allows us to speed up. Finance and markets are no different. While social and finance have lagged, when it finally gathers the right momentum, it will speed past the other areas of the social web because of the profit potential.

Yesterday as my pal Josh so eloquently captures the event, Warren Buffett signed up for Twitter. I doubt he talks much about markets…at first. The markets are in his blood though and he will need to do it. He may just link to his thoughts, but now Warren has a broadcast platform to get shit off his chest whenever he feels like it. He can block the lunatics as well.

I can’t figure out if Twitter is worth $10 billion today because Warren Buffett is on Twitter or Warren Buffitt is on Twitter:

Google is a sell.Fuck Search.Bring me coal.

— WarrenBuffitt (@WarrenBuffitt) May 2, 2013

I think it does mean you need to put in the work and follow the right people with the right ideas and that has never been easier.