close. Wish I had software like the big guys that could telll me how many of these "growth" stocks have negative Sharp ratios like AAPL does. This is way overdone. Maybe we all should by WMT at 24 times? Had a great run, this market is no longer for me. (jmho)
Done with longs, I'll short the
Started by
slupert
, May 18 2023 02:40 PM
3 replies to this topic
#2
slupert
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Posted 18 May 2023 - 06:10 PM
The Sharpe ratio for the NDX100 (qqq) is .42. AMD is .18, Meta is .36, Amzn is .09, Goog is .15, WTf are they thinking about? Paying big bucks for "growth" stocks with minimum risk adjusted growth?? Crazy. (JMHO)
#3
qqqqtrdr
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Posted 18 May 2023 - 07:16 PM
Still long, the Miners have more to Fall. We are at the point where we can shoot higher and collapse or have a slow grind higher. I don't see market being overvalued at this point. Home Sales and Car Sales appear to be strong which is driving the market higher.
#4
steadyquest
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Posted 19 May 2023 - 10:07 AM
Small caps could provide some short term lift to the market
