Good job. I see "rate rise tantrum" and "is the bear back?" threads. I wonder why -- we are near ATH. But I think that means the market will frustrate the bears at least for the next few days...
Now we are at the highs of the session, right on schedule. In the morning when America wakes its " LOOKS LIKE A HIGHER OPEN ON WALL STREET".................at lunch it's ............................ " AT THE HIGHS OF THE SESSION"....." WELL OFF THE LOWS"............After the close if the market closed down, the news outlets spin positive stories......Basically the same thing everyday....Occasionally they need to throw in a curve ball, but on average it's blue skys and lollipops when the most people are viewing the tube.
First, though, a preface. U.S. equities look expensive by a number of measures, Goldman notes. For a start, the typical stock in the S&P 500 trades at 18.1 times forward earnings, which ranks in the 98th percentile of historical valuation since 1976. The overall index has an aggregate forward price-to-earnings multiple of 17.3, which is a rise of 64 percent since September 2011, compared with the median expansion of 48 percent during nine previous price-to-earnings expansion phases. You can see the trend in the below chart from Goldman's note. http://www.bloomberg.com/news/artic...nown-economists-if-u-s-stocks-are-in-a-bubble
So easy making free money in a market that never stay down.....it always bounces right back. So easy a cave man can do it. Today the checker at Kroger said buy stocks, they only go up.