Market Rally Has Gone too Far, too Fast!

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Ammo /superstrong sector;
tech too.....................................................................................................I much prefer paper books + paper charts.
Paper shotgun shells worked well/except when they got wet/LOL

 

I think i saw on youtube, one of em guys robing the shops, with some sort of self made-paper shotgun (fake). (big smile, shakes head, looks down)

As for defense sector , got these two names :
ESLT and Hii.

Gonna see.

 

SPX PE is getting more expensive (way above the nominal level at 15).

 

Earnings are guaranteed to go up next year. The funny part of that chart is when the P/E was around 23 in 2019 there were a ton of idiots on here saying it was a bubble.

 

You're an idiot if you think it's not an asset bubble.

Thank the Federal Reserve.

Then again - you're an idiot not to ride it until it crashes and burns in spectacular fashion as well.

 

Absolutely. The only thing to do with a bubble is ride it up, keep banking profits and get out when it bursts.

 

I said there was no asset bubble in 2019. A P/E of 23-24 is historically upper range and not an indicator of an asset bubble. In fact, I called 3200 on the SPX by end of year in 2019, an extremely accurate forecast.

 

there's no charity in the stock markets, they're full of sharks! so take your money and run! run Forest run (while you can)!

 

True. But for how long. Sooner or later this rally will stop.

 

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Good timing\dow dip/or maybe a good bear move; SDOW/dxd looking good.
Tech like QQQ still in an uptrending bull market/maybe monday buy again..........................................................................................