As Rich Dump To The Poor, Tesla Daytrading Millennials Dream Of Untold Riches

If you have found yourself recently wondering what stage of this record-long, Fed-induced bull market we are in, here is the answer: the “dump to the masses” stage. Indeed, we are in that delightful time where the hype surrounding the stock market, as evidenced by such totally normal moves as cash furnace Tesla doubling in just a few days, has hit a fever pitch. And this, as Goldman points out, is always the time when the “smart money” dumps their equities to the unsuspecting and excitable, yet horribly uninformed, retail crowd.  The evidence has been trickling in every day.