Anything could happen to IT short term as weak hands and traders overly focus on that one area. What I saw on Thu/Fri is tremendous trading opportunities in both directions in value areas. Commodities still looked bullish most of the week, especially Oil/Copper/Silver. I can't see inflation being bad for them. Even Gold is threatening to do something Wednesday could be interesting. All the international news is supportive in these areas recently. It'll be an uneasy week but a lot of Cdn energy reports in February I'd like to be long when they do.
Panicky markets = great trade opportunities - will be looking for lower risk entries to go long since the crowd seems overly pessimistic.
The NQ future rebounds 88 points, 0.6% now. Do not know if it is going to hold. Looks like traders are buying tech dips again. I get my positions on and keep pile of cash. Do not want to touch QQQ now. Do not want to trapped.
No they are not by any standard measure. Shiller P/E is a joke people posted that shit back in 2009/2010 as well. P/E is pretty much spot on, but there is a known flaw in markets, regarding the fact that they can stay irrational longer than...
People can believe in whatever shit they want but seriously there is a lesson to be learned from the mistakes many traders made on here from 2009-2015.