The stock market is in delusional land - there is NO price discovery.
But it's because of the quantum easing started by OBOMBA which is like giving it HEROIN.
(or squishing the skin around a mosquitoes stabber so the mosquito can't stop sucking and it eventually swells up and bursts.)
The banks are buying it all up as people with stocks deals and options are bailing out quietly.
Soon when the market does crash the banks will own america and it will be a nazicommunistglobalist tyranny. And it will be just full of starving zombies wandering around eating each other because that's all that there will be to catch.
Just try collecting your pensions, like Illinois..it will be a NADA.
Look at the dollar:
http://www.marketwatch.com/investing/index/dxy/charts
It's slowly crashing and has been for some time now.
The stocks aren't going up, duh! the DOLLAR is going DOWN like Madonna on the white house.
Now all those countries are getting rid of the need for dollars by buying oil and commodities in non USD denominations.
Look out, here comes the inflation wave on necessities and non necessities will be worth nothing.