Boy are these valuations worrisome.
Stocks Make New Highs – Fed Rate Cut Seen as Certain
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Boy are these valuations worrisome.
The stock market tends to go up over time. That is something permabears forget (or ignore).
It will be a fun week for traders.
The Fed’s Powell saves the week with talk of rate cuts.
A rate cut will help stocks continue to rally but….
Be long but be watchful.
That got ugly in a hurry.
Traders hate being long volatility during August but watch for China to induce some spasms of volatility in the tariff battle.
My favorite stock right now is…GOOGL