Look at apple ...just keeps moving...Warren just keeps printing money...he says he owns it and it just keeps moving higher and higher....all he has to do is buy a million shares a day and announce each day he bought shares and like magic the stock will just keep moving higher and higher...no such thing as a fully valued stock on wallstreet anymore...prices targets will keep rising every time they are met!
read somewhere that market was trading at 15.2x forward earnings January 1; and since earnings have been so strong we are actually at 13.6x now.. implies we should be 3000!
Do you see anyone selling this rally? beside the obvious for every buyer there is a seller. Everyone is sitting waiting for new highs.