03-04-2017, 11:05 AM
(This post was last modified: 03-04-2017, 11:14 AM by TeacherinExile.)
Great post, John! Yep, the Great Expectations of a Trump presidency have let loose the "animal spirits" in the stock market: a post-election rally that has all the earmarks of that final, euphoric stage of a long-running bull market. For all those retail investors who have sat out the more-than-tripling in value of U.S. equities, it's as if to say, "C'mon, folks, the water's warm." The "little guy" is always the last to join the party.
More evidence that the stock market is a bit too "heady" right now:
"A sign investors have grown bolder: They’re ‘going long’ for the first time in a year"
http://www.marketwatch.com/story/a-sign-...2017-02-17
"S&P 500 ETF saw historic inflows in Wednesday’s monster rally"
http://www.marketwatch.com/story/sp-500-...2017-03-02
And Sam Stovall had this observation about the rip-roaring market:[i]
...he's leery of the rush into stocks, as investor sentiment rises. "I'm more concerned with the mindset today of the fear of missing out, FOMO. All of the bull markets ... they all go out with a bang. They don't go out with a whimper," said Stovall. He said stocks usually have a double-digit gain before the end of bull market. "We're currently up 20 percent in from March 9 of 2015.
The yellow caution flag should be out now.[/i]
More evidence that the stock market is a bit too "heady" right now:
"A sign investors have grown bolder: They’re ‘going long’ for the first time in a year"
http://www.marketwatch.com/story/a-sign-...2017-02-17
"S&P 500 ETF saw historic inflows in Wednesday’s monster rally"
http://www.marketwatch.com/story/sp-500-...2017-03-02
And Sam Stovall had this observation about the rip-roaring market:[i]
...he's leery of the rush into stocks, as investor sentiment rises. "I'm more concerned with the mindset today of the fear of missing out, FOMO. All of the bull markets ... they all go out with a bang. They don't go out with a whimper," said Stovall. He said stocks usually have a double-digit gain before the end of bull market. "We're currently up 20 percent in from March 9 of 2015.
The yellow caution flag should be out now.[/i]