Yes everything is roses in the land of perfect, were everyday is an up day and markets care not about anything except going higher....up up and away.....said the cashier at Krogers, she gave me a stick tip today.
Falling earning and a rising market SP500 PE today 24.20 the only other time it was higher was 1895 and the year 2000 currently at he upper end right now, mean is 15.59. But who cares the federal reserve runs the markets and they clearly are not ready to let it drop.
)Falling earning and a rising market SP500 PE today 24.20 the only other time it was higher was 1895 and the year 2000 currently at he upper end right now, mean is 15.59. But who cares the federal reserve runs the markets and they clearly are not ready to let it drop.
S&P and Dow are 3% from all time highs, Russell is admittedly somewhat more. At what point do they cease being "bear market action"? If they hit all time highs, surely you couldn't refer to the market as being in a bear market?
So IBM down nearly 5% which is one of the heaviest weighed Dow 30 components yet futures are up this morning.....yep...
Back to the risk free zero volatility markets....I think I'm lucky if I make 1 trade these next few weeks...
So IBM down nearly 5% which is one of the heaviest weighed Dow 30 components yet futures are up this morning.....yep...
Back to the risk free zero volatility markets....I think I'm lucky if I make 1 trade these next few weeks...