Is Nasdaq Overvalued?

Discussion in 'Trading' started by HeSaidSheSaid, Apr 5, 2017.

  1. %%
    Maybe right, He saidShe said,not that the VIX , or TGT [Target stock]predicts anything. Yes, I know IBD[Investors Business Daily Newspaper sometimes puts put call ratio under S&P 500[SPY] .At least you did NOT repeat the fake news lie. The fake news said early this year''stocks followed TGT down.'' As if ,all the S&P 500 management is as stupid as TGT management LOL-LOL Intra day, SPY did dip below 50 day moving average [ $233.91 ,50 ema] , based on yesteday's close-NOT a prediciion.It also dipped below 50 day ema, SPXL, UPRO, SDY, but not QQQ-yet.Thanks; TGT still nicely below 50 dma, bear market.......
     
    #31     Apr 12, 2017
  2. Only a fool will argue that Nasdaq isn't overvalued. The real question now is what are we going to do about it.
     
    #32     Apr 12, 2017
  3. how long do you think it can stay ovevalued?
     
    #33     Apr 12, 2017
    murray t turtle likes this.
  4. SteveM

    SteveM

    As long as we live in a country where the AMZNs and TSLAs don't have to show earnings that remotely justify their market caps since they have a 1% cost of capital, captive federal government that allows them to pay next to zero taxes, and a cult-like shareholder base? Years.
     
    #34     Apr 12, 2017
    murray t turtle likes this.
  5. %%
    Years LOL; not a prediction
     
    #35     Apr 12, 2017

  6. dude - whatever floats your boat! :) and I think you're making thing more complicated than it should be.
    wisdoms of a turtle:
    1) your food tends to be faster than you're
    2) turtle is bottom feeder (though it has long sex life (200 years).
    3) if a turtle flips on its back, the show is basically over :)
     
    #36     Apr 12, 2017
    murray t turtle likes this.
  7. %%
    Good points; except i know where the river + charts are ; so back flips, are no problem. LOL
     
    #37     Apr 13, 2017
    HeSaidSheSaid likes this.
  8. charts? I love charts. what do you think of NVDA chart? number one on I50 list.

    Mr Turtle - have you stocked up can food in your bomb shelter yet? just a bad hair day, Kim Jong Un could shoot his firecrackers, then all bets are off even strong shell and back flipping capability.

    [​IMG]
     
    #38     Apr 13, 2017
  9. how do I know? Market timing isn't my forte :)
     
    #39     Apr 14, 2017
  10. #40     Apr 18, 2017