Good day for Amazon and the IRS. Both hit an all time high. http://freebeacon.com/issues/1-48-trillion-government-collects-record-high-taxes-first-half-fy-2016/
yeah i think we have a couple more months upside on the spoos. I am expecting euphoric all time highs, when the US vote comes on the horizon I will be gtfo.
I knew I shouldn't have mentioned the A word. The report is, the IRS hit a new record high in revenue. Since everything else economically is meandering along I was going to start the thread, Finally something hits a new high, and just then AMZN hit. This is an economics forum. At anyrate, we should now have plenty of money.
Something is overvalued if the trend turns short. As long as this does not happen it is not overvalued. Overvalue should be seen in the evolution of the price.