Im the most bullish person here, until today. This is making me very cautious. This all feels like I've been here before.
This is just too amusing.....markets usually do over sell on the downside and I can say this opposite is true, that markets can easily over shoot to the upside...but this is just so overbought....how much more can you squeeze...how many big trading desks with huge profits are looking at each other to see who's going to be the first to sell.....
Carl Icahn issued a warning about the stock market on Thursday. "I really think even though earnings are going to be very good... I just think this thing has gotten into a euphoric state," the billionaire activist investor told Scott Wapneron CNBC's "Halftime Report." But the investor did acknowledge there is a lot of underlying strength to the market. "It's run away and there might be a big correction but I can't say it's insane," he said.
117 years!!!! Thank you federal reserve for the most over valued markets the world has ever seen....this next collapse will make every last collapse together look like nothing ever happened.... History will be written about these markets in years to come after this next collapse comes!!! Goldman Sachs warns markets haven't been this pricey since 1900 By Matt Egan November 30, 2017: 6:01 AM ET If you're searching for a great bargain this holiday season, don't bother looking on Wall Street. Thanks to the ferocious bull market in stocks and decades-long boom in bonds, asset prices are looking very expensive these days -- and that could signal trouble down the line. The average valuation of stocks, bonds and credit is more expensive than at any time since 1900, according to a Goldman Sachs report published late Tuesday.