The Nasdaq is leading America. I don’t mean Nasdaq ‘the company’ though I own the stock and it’s been a beauty. I mean THE Nasdaq, the great group of technology companies that is winning the global war of attention.

The Nasdaq was left for dead in 2002. Down 80 plus percent as an index.

Priceline was down 99 percent. Amazon was kaput. It was trading at a single digit ‘prime’ number.

Fourteen years later, the Nasdaq is back at all-time highs and as I mentioned yesterday, the top SIX Nasdaq companies hold nearly $500 billion in cash. They do this while being mostly blocked by China the largest market in the world.

Luckily Donald Trump chose the campaign ‘Make America Great Again’. Sure it is catchy. It is also his biggest lie.

I have been all over America. By that I mean I have an Amazon prime account, been to a Walmart in south Phoenix, a strip mall in Buffalo and the Biltmore Mall in Phoenix.

I am a great ‘almost’ American. I have a green card and three non electric cars. I lived on credit card debt in my 20’s and part of my 30’s.

I have battled Ambien addiction so I support the pharmaceutical industry cartel.

I buy stuff I don’t need.

I like bad food. I ate McDonald’s in Vienna.

I have daytraded.

I have stuck up to bullies when I absolutely had to.

America is standing up to it’s latest bully. It’s wierd that we should be here because this bully has been outed so many times in the past.

Donald Trump is unhinged. He is unhedgeable. He is why the $VIX is so low, but not why the Nasdaq is at all-time highs and why America is great.

America has already voted.

I am not sure what happens to the markets if Trump rallies. It won’t be so simple as the Nasdaq declines viciously because it would. I think ‘too small to fail’ continues to be the best way to live life and the ‘millenials’ are well versed in it already with ‘sharing’ and ‘gig’. Maybe the markets are in denial or maybe the markets are hoping. Most likely the markets know something.