Totally going against his quote “Be fearful when others are greedy. Be greedy when others are fearful.” Everyone is greedy for stocks ...sellllll He is just buying back stock to prop up equity prices...that's whats going on wallstreet...buying up stock to push prices higher...again nothing but air holding this market up.
Apple cannot cannot cannot continue to rely on iphone for it's revenue....in 5-10 years smartphones will be non existent as some crazy new technology will allow a totally different method of how we receive and send information...it will not be on a smartphone device. Smartphones will look Antiquated in the next decade!!!
And who is to say that Apple is not the one working on that technology RIGHT NOW in their labs, and will announce in 12-18 months? Things that make you go "Hmm.."
Uh, no, market sentiment is not high and "everyone" is not greedy for stocks. I have no idea where you get these ideas from it's pure fantasy. Buffett is a value investor, he has no interest in "pushing" prices higher; it is not hard to find quality stocks with quite reasonable valuations now and he's buying them. No need to buy the whole market and he doesn't.
According to Wallace who is an oldtimer ET hand, today is going to be down. "Have we now topped . . . " Part 5: what now ? For some reason, that thread can no longer be posted to.
I am very long as this bull market continues but acknowledge stocks are expensive but by no means crazy like they have been in the past. Fascinating to read about the tech boom and how huge those companies became without viable businesses.
It looks like this past scare was the usual bull market shakeout before new highs. I'm back in. Interesting reverse H&S patterns on software like IGV and HACK.
Haaaaa hahaha I laughed again Cramer: With midterms over, we could get 'the rallies of all rallies' if the Fed pauses rate hikes Stocks could be primed for a big rally, but Fed chief Jerome Powell "has to green light us" with an interest rate increase halt, CNBC's Jim Cramer says. With the election uncertainty over, the market "can get on with other worries," the "Mad Money" host argues. https://www.cnbc.com/2018/11/07/cra...tocks-could-rally-big-if-fed-stops-hikes.html
Adding more and more short ETFs!!!! Keep the rally coming.... adding adding and adding more short ETFs .... SOXS SQQQ SDOW LABD TZA FAZ Keep em coming... Backing up the truck!!!!