This is just getting too funny ... Stock market peak still at least a year away, fund managers say in Bank of America survey Fund managers have reduced cash to the lowest level in five years and are at a two-year high in allocation to stocks, according to a Bank of America Merrill Lynch survey. Hedge funds have increased equity allotments to the highest level since 2006. The moves come as stock-based ETFs have taken in $16.5 billion already in 2018 as the S&P 500 has opened the year up 4.1 percent. https://www.cnbc.com/2018/01/16/sto...least-a-year-away-bank-of-america-survey.html
When this turns south it's going to be infu©kingsane!!!!!!!!!! The amount of money chasing this market has never been this high in hisof man kind...the market is valued at $30 trillion....how much more are they looking to squeeze out of the market? Hedge fund managers say their own equity exposure — 49 percent net long — is at the highest since 2006 as the level dedicated to hedging strategies against a possible market downturn falls to its lowest since 2013.
S&p to 3000 next week!!! Should close above 7500+ by December!!!! Zero risk all reward all the time ...keep buying
Dow up 5.5% in 2018!!!! Not one 3% pullback in over a year! A 3% drop would feel like a crisis after such a perfect start to 2018!!!
According to reports, a tidal wave of money is still flooding into US based funds. By regulation, fund managers must invest it. Also, According to Buffett, Trumps tax changes could see stocks benefit to the tune of 30%: S+P $3600.00 ! So I think we are looking good