Stocks reclaim record highs, but investor enthusiasm is lacking

div > div.group > p:first-child"> Stocks have reclaimed their old highs and should continue to make new ones, but without some of the fanfare and excitement of some past rallies.

T3Live.com's Scott Redler said investors continue to doubt the market, even as some indexes hit highs. Beyond that, the market will also soon be tested by the Fed, which meets May 1. Redler said stocks have been moving higher since the Fed"pivot," when officials started to signal that more interest rate hikes were unlikely. Some market pros believe the Fed will even cut interest rates before it ever raises them again.

Once the market takes back 2,940, Redler said the next level on the S&P will be the psychological 3,000, the year end target of many market strategists.

Lol, “investor enthusiasm is lacking”.. then why is the market going up? See how they feel with their money, not their mouths.

Know how experts say The Market doesn't like the unknown? Well, we're living in Unknownville these days. I'll always cheer The Market on, but one never knows what will come out of the WH next. Let THAT wash over us.

Investors saw the same thing before and got burned

Time for a buyback, then.

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