Markets beyond overbought. Markets beyond stretched and extended. Retail investors plowing in at numbers haven’t ever seen. Valuations upper end of historical levels. Sentiment off the charts bullish. The good news is that getting this overbought tells you how strong things have been. We just worry about climactic action as it is great while it goes up but very painful when it goes down. Not sure we are climactic just yet…
201 S Orange Ave.
Orlando , FL 32801
Toll Free: 888-422-5559
- RADIO SHOW 2/22February 23, 2018 - 7:42 am
- PRE MARKETFebruary 23, 2018 - 7:39 am
What? You have never seen a 12% drop in days? Massive thousand point reversals? How about on Wednesday of this week? Up 300 at 230 pm, only to drop 470 points by the close. How about gains cut in half yesterday with the NASDAQ giving it all back? We have a pattern. Big gaps to […]
- HOW’S THAT SOCIALISM?February 22, 2018 - 9:19 am