Is Nasdaq Overvalued?

HeSaidSheSaid said:
Retail sector is going to be the sack of dough that will weight the markets down. markets expect earning report for the sector will be down -4 to -6%. as you know, consumer spending is made up of 2/3 US economy. so far, 11 stores filed for chapter 11, and Sears, Macy, JC Penny, Abercrombie & Fitch are on life support.

• Gordmans Stores
  • Gander Mountain
  • General Wireless Operations (formerly RadioShack)
  • HHGregg
  • BCBG Max Azria
  • Michigan Sporting Goods Distributors
  • Eastern Outfitters
  • Wet Seal
  • Limited Stores
VIX is showing its ugly head:
VIX.png
More...
%%
Maybe right, He saidShe said,not that the VIX , or TGT [Target stock]predicts anything. Yes, I know IBD[Investors Business Daily Newspaper sometimes puts put call ratio under S&P 500[SPY] .At least you did NOT repeat the fake news lie. The fake news said early this year''stocks followed TGT down.'' As if ,all the S&P 500 management is as stupid as TGT management LOL-LOL Intra day, SPY did dip below 50 day moving average [ $233.91 ,50 ema] , based on yesteday's close-NOT a prediciion.It also dipped below 50 day ema, SPXL, UPRO, SDY, but not QQQ-yet.Thanks; TGT still nicely below 50 dma, bear market.......
 
smallStops said:
how long do you think it can stay ovevalued?
More...

As long as we live in a country where the AMZNs and TSLAs don't have to show earnings that remotely justify their market caps since they have a 1% cost of capital, captive federal government that allows them to pay next to zero taxes, and a cult-like shareholder base? Years.
 
murray t turtle said:
%%
Maybe right, He saidShe said,not that the VIX , or TGT [Target stock]predicts anything. Yes, I know IBD[Investors Business Daily Newspaper sometimes puts put call ratio under S&P 500[SPY] .At least you did NOT repeat the fake news lie. The fake news said early this year''stocks followed TGT down.'' As if ,all the S&P 500 management is as stupid as TGT management LOL-LOL Intra day, SPY did dip below 50 day moving average [ $233.91 ,50 ema] , based on yesteday's close-NOT a prediciion.It also dipped below 50 day ema, SPXL, UPRO, SDY, but not QQQ-yet.Thanks; TGT still nicely below 50 dma, bear market.......
More...


dude - whatever floats your boat! :) and I think you're making thing more complicated than it should be.
wisdoms of a turtle:
1) your food tends to be faster than you're
2) turtle is bottom feeder (though it has long sex life (200 years).
3) if a turtle flips on its back, the show is basically over :)
 
HeSaidSheSaid said:
dude - whatever floats your boat! :) and I think you're making thing more complicated than it should be.
wisdoms of a turtle:
1) your food tends to be faster than you're
2) turtle is bottom feeder (though it has long sex life (200 years).
3) if a turtle flips on its back, the show is basically over :)
More...
%%
Good points; except i know where the river + charts are ; so back flips, are no problem. LOL
 
charts? I love charts. what do you think of NVDA chart? number one on I50 list.

Mr Turtle - have you stocked up can food in your bomb shelter yet? just a bad hair day, Kim Jong Un could shoot his firecrackers, then all bets are off even strong shell and back flipping capability.

nvda.png
 
You must log in or register to reply here.
Back
Top