Bubble Bulls Blame Yellen For Today's Losses - Mike Swanson (05/06/2015)

The stock market is down today and all over the internet bubble bulls are blaming Yellen's mention of high stock valuations as the reason for the drop.

However, if you look at this video you will see that she qualifies that statement by saying that relative to "safe" bonds they are not.

The stock market internals have been weakening for months and the market has been going nowhere.

So there is no surprise to see a down day in stocks.

Only in the mind of a bubble bear is the stock market supposed to go up every single day.

And those on margin need it do that for them.

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