Happy Fri. EVERYONE is long now. And the stories of historic rise are being sold.
"Stocks are poised for a run-up that hasn't been seen in three decades, says Wells Fargo's head of global investment strategy, Paul Christopher.
The banking veteran pointed to the parallels between today's market and that of 1995, when stocks boomed and the S&P 500 notched 77 all-time highs."
https://finance.yahoo.com/news/stocks-embark-run-gains-unseen-013345670.html
Paid Episode 29 min
Free Episode 9 min
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FAQ Video
Save this spreadsheet or memorize it
Summary of the day
Opex pinned all day
Breadth
488 new highs
110 new lows
Nasdaq New Highs/Lows 59 Highs vs 44 Lows
64% advancing 32% declining
38% below 50 day ma
% below the 200 day ma
Strong
Weak
What to watch
Watch mag 7
Watch yields
Credit card delinquency rate (1991-Present)
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At the very least, improve your own education so you can grade your financial advisors homework and performance!
