Major Indexes Continue Record Surge The Nasdaq closed higher for the 10th straight week last Friday, the longest such streak in 20 years. During that time, it gained 21%. The panic and freefall during December are replaced by complacency and greed. It’s an Alfred E. Neuman type of market. “What, me worry?” Every major index […]
Mr. Market And Ultra-High Risk For Equities. Not all that long ago, we discussed the very perilous conditions facing investors in a piece called “Ultra-High Risk For Equities” https://markonomics101.com/2018/08/31/ultra-high-risk-for-equities/. While many stock index chart patterns were in BULLISH mode, especially the “Behemoths” we lovingly nicknamed the “Four Horsemen” https://markonomics101.com/2018/08/23/tipping-point-part-2-the-four-horsemen-of-the-nasdaq-collapse/, the thought of buying at record high valuations […]
