56% still out of the market with the dow trading in uncharted territory....nose bleeds
https://www.aaii.com/sentimentsurvey
Edited by da_cheif, 06 May 2021 - 11:10 AM.
aaii
Started by
da_cheif
, May 06 2021 11:10 AM
4 replies to this topic
#1
da_cheif
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#2
pdx5
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I want return OF my money more than return ON my money
Posted 06 May 2021 - 12:09 PM
Market is not as overvalued as during the internet mania, but getting close.
However there are real earnings this time, as compared with the internet stocks in 2000.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#3
12SPX
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Posted 06 May 2021 - 01:05 PM
Overvalued are you kidding, SP500 is just below current record overvaluations lol!
#4
qqqqtrdr
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Posted 06 May 2021 - 02:09 PM
GDP Growth this quarter is high over 10% with record car and new home sales... Yes it is high, but not extreme with such high growth rates.... If the FED keeps printing money they can keep market going higher... I'm close on buying some beaten down sectors which is "Clean Energy", "Web Big Data Tech", and "Medical"...
#5
RadioHead
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Posted 06 May 2021 - 02:47 PM
All time high on SPX tomorrow on an NFP report. And who the heck cares about valuations? Those metrics stopped being a matter over 30 years ago.
