On Monday: ABBV @ $63, had a PE of 12 and paid a dividend of > 7%; BRKB @ $160, had a PE of 3.8, Yes, their PE was funny because of the new marked to market security GAAP rule, but 3.8??? I don't think these were way overpriced. Maybe @dozu888's pro boys stopped shaking on Monday? I don't know, I am just an amateur retail following him down the rabbit hole?
I don't know, you should ask the experts, not me. But Europe (Germany) has negative interest rate since 2009.
As of today, the USA has more confirmed cases than any other country. And we are at our daily high for new cases. No sign of a slowdown in infections yet.
you will get mucho free virgins very soon.... this gone be a V shape rise because once them boys collect the chips, and the dumb herd slowly realize this corona is nothing burger, them boyz gone lift it up quick so the herd cannot nibble slowly at cheap.
ET180, you are *way* smart enough to answer your own question: if you had a 50% chance of making $1, and a 60% chance of making $1, and a 62.5% chance of making $1, and a 62.998% chance of making $1, which would you prefer? Right now, everyone who trades trends via specific rules ("algos" ) has a new environment over which to lay their algo performance -- an opportunity to observe/test/tweak/re-test once again. It's Party Time meets Midnight Oil time. It's a great time to be a nerd, I guess. Going for that 0.002%.