As the stock market amps up to new record highs, traders who hope that the rally will keep going are doubling down on their bets.
Optimism is nice, but the rash of speculative money pouring in is sparking worries that the rally could be on shaky footing.
In fact, net speculative positions on Dow futures are at record highs, according to David Rosenberg, chief economist and strategist at Gluskin Sheff. Speculative bets on the S&P 500 are at their highest levels since Jan. 6, 2015, he said .... http://www.cnbc.com
