We are in a low volatility environment and you know what is next? Volatility is going to explode! Long term trend is up. You want to roll the dice? Do you feel lucky? Go right ahead!
Yeah, we are really scared now. Ha ha ha! Hilarious! Retail traders have the absolute worst record of predicting tops and bottoms. Add to that, CNBC hacks promoting the recession story when data proves the opposite! You are in excellent company. Atleast, the CNBC hacks get paid 6 figures and know they are deliberately, misleading retail traders!
In percent terms, a low single-digit percentage down move will look like a "crash" to these soothsayers. Unfortunate for them, in that they will continue to think they know their stuff.
I don't see a "crash". I see GOOG missed earnings and that's pulling down the Nasdaq maybe 0.6%. US financials seem strong lately. If the US/China trade deal goes through we could go much higher. Always a bad idea to call tops when the old atm just got taken out. I'm interested in whether stocks liked JPM can take out their 2018 highs.
US/China eventual deal baked in. IMO that would be the top ............ until it goes higher still. Then after Tonal Dump leaves office (election, impeach whatever) crash will begin. Only fitting man lest responsible for market going higher gets all the love once he is gone.