SPY: The Bubble Keeps Swelling

seekingalpha2023-06-06

SummaryThe S&P 500 Index has taught all the bears like me a lesson as it has gained 12.32% year-to-date. NASDAQ 100 added over 34% YTD.The breadth of the gain shows obvious signs that we're facing ...

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Comments

  • Theme
    2023-06-06
    Theme
    Like your sensible easy but people are still crazy and not rational in investing. 
  • drandy
    2023-06-06
    drandy
    Whatever that's happening right now just goes to reinforcing the fact that the stock market is irrational. I'm still watching on the sidelines and not buying - will sell if I'm in profit but not otherwise. Staying away from greed will help us to avoid a bear trap disguised as a bull run.
  • Guavaxf30
    2023-06-06
    Guavaxf30
    I too have been wrong in caling for a general sell. But I think it is only a temporary wrong. Which means, when the bubble does burst, it will be a mega burst not unlike the dot-come burst back in 1999/20. And the Nasdaq, being the one holding up the market, will be leading the stampede down.  This is what I think anyway. DYOD.
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